why delay in releasing results??? , page-46

I don't know if this has been posted before but I was doing some digging to get some actual dates in regards to BFS.


Published on Mar 25, 2013

25 Mar 2013 - Indochine Mining Limited (ASX:IDC) CEO, Stephen Promnitz details the gold developer's track to unlocking opportunities at its Mt Kare Project in PNG.

http://www.youtube.com/watch?v=0SJUfzuKEWs

Now does anybody know if this time line has changed? Steve also suggest that IDC will start producing probably by the end of 2015, which in reality means Mid 2016.

Some other true believer also posted on other forum this time line:

By INICK

"It should take about:-
1.1 10-12 months to construct the mine and commission it.
1.2 5-6 months to obtain all the permissions required to mine
1.3 7-8 months to complete the BFS.

There is no technical requirement that a final BFS be completed prior to an application for a mining lease.

However permission to mine would require completion of a BFS

But IDC could apply for a Mining Lease (different to a permissin to mine) once it has completed a Resource Statement demonstrating an economic reserve.

Realistically it would take about 23-26 months before Mt Kare could be a producing mine."

Nw if you can hold on to your horses for that long... you got a Black Caviar at play. Just let it groom a little.