IDC indochine mining limited

pfs calcs $150million profit/yr amazing eps!, page-88

  1. 816 Posts.
    How so nectar38?

    Your dilution inclusion is not for the capex to start up the mine. So basically the entire calculation on EPS ignores initial and on-going capex.

    Your additional 120million shares at say current prices is equivalent to 14.4m$.

    This is probably to fund the BFS amd ongoing admin expense.

    Go check your post... I am sure i am correct.
 
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