IDC 0.00% 0.0¢ indochine mining limited

Ann: December 2014 Activities Report, App5B and Tenement Info, page-41

  1. 1,114 Posts.
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    "There are only 2 numbers you need to remember when it comes to Mt Kare and IndoChine Mining"

    "8 and 70%"

    So you're saying investors should forget the $400k in the bank @ 31 December 2014? It's now February, I wonder how much is left.

    Should investors forget the $10m+ in current liabilities @ 30 June 2014? It's now February, I bet there liabilities are now more than the company is worth with its $12m market cap.

    Should investors forget the dollar figure number it is going to cost to get IDC to production?

    Should investors forget the enormous number of shares that are going to be issued if they raise funds? The SP is 1 paltry cent, do some calculations on shareholders dilution if they wish to raise anything meaningful.

    Once again you post nothing of importance.

    ...8 and 70%

    More like 8/70 is there chance of reaching production, even then that's 11% which is giving them too much credit.

    Also why are you still here?

    Go back to your buddies Kiwi and Dirtminer and weep over your 90% paper loss on IDC.
 
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