In simple terms I do not see how this stays below 15c by 2025. Assuming the tranche payments are made and excluding exploration costs, Indiana could have a bank of approximately $80-$90m. The significance, no shareholder dilution for any raises (unless I miss something). In addition the gold grades (recent and historical) suggest a decent system in ground. No doubt REE was the preferred play initially for them but with gold price surging it seems as though the market has missed what Minos holds.
Ann: Company Presentation - August 2024, page-11
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $69.94M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $141.1K | 1.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2020113 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2508744 | 16 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| IDA (ASX) Chart |