IDC indochine mining limited
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re: Ann: Pre-Feasibility Study Summary - Mt K... Simply put, the...

  1. LeDerp
    816 Posts.
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    02/10/12
    11:26
    Post #: 10799581
    re: Ann: Pre-Feasibility Study Summary - Mt K... Simply put, the operation isn't that robust.

    Recoveries are disappointing...


    They say that they could reduce capital outlay of 44m by going for contractors leasing etc... but these would only increase cash cost if they used third party methods. So will be only a slight improvement in IRR.

    Back to drilling IDC.
    IDC Price at posting: 12.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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