1.9mill oz au + 20 million oz of ag @ jorc

Hey IDC Holders

Been a while between drinks! Back from the cooler, since we dont have any new assay results, we might as well review for the newbies Mr Promnitz' presentation last month in Geneva at the Precious Metals Conference in Geneva Switzerland.


http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/13/indochine-mining-limited/play/stream/4519


Two comments that we must remember:

1. Gold mining and processing on Mt Kare will be paid for by sale of silver.
2. Our Institutional Investors don't want IndoChine to piggy back on the back of a large cap gold miner until after initial production to get maximum benefit of share price.

Outcome of both items above:

Zero Cash Cost of Gold Mining and Processing means is Spot Price of Gold is $1600/Oz then our profit margin will be $1600/Oz!

With 86% of our shares in the hands of the Top 20 Shareholders, as we derisk the project with the PFS out in 2 months, our market cap will better reflect our Mt Kare asset.

Cheers Nectar