once idc are producing then cash costs can be evaluated. until then its guess work.
idc will not proceed on their current resource even if its viable. they will continue to grow the resource till its a no brainer and then capital and operating costs can be assessed. and probably partners or takeover.
haven't spent too much time evaluating rrl as a quick look gave me the impression they are way overpriced. i'll probably cop it from holders but thats just my opinion and we are all entitled to have one.
rrl mc 2.5bil producing 100k oz at the moment rsg mc 1.1bil producing 400k oz at the moment
i know which one i prefer
IDC Price at posting:
13.3¢ Sentiment: Hold Disclosure: Held