Ann: Interview on High Grade Mineralisation - BRR, page-15

re: Ann: Interview on High Grade Mineralisati... Ritchie..

Are you aware that IDC has not spent 250m in building a plant yet.


Just assume you add 260m to current market cap that is 300m.. plus another 30-50m in expenses till they get a BFS done.

If you add all the expenses IDC has to incur and assume raising at current market price.. it is not really that much of a multibagger as you think it will be.

Duckhead not economic? I can't believe you said that.