IDC 0.00% 0.0¢ indochine mining limited

Ann: Pre-Feasibility Study Summary - Mt Kare Gold, page-7

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  1. 816 Posts.
    re: Ann: Pre-Feasibility Study Summary - Mt K... extremely poor pre-feas...

    I know they will add more later on but as it stands it is downright horrible.

    28% IRR? PRE tax as well.

    2 billion revenue, 800m operating costs... what is that? Costs are almost half the revenue.... and they used a highish gold price of 1650 and silver 30$.

    A conservative company would use 1500$.

 
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