re: Ann: Pre-Feasibility Study Summary - Mt K... Hi all. Thought...

re: Ann: Pre-Feasibility Study Summary - Mt K... Hi all. Thought with the PFS out it would be a good time to post, although like most people here, wishing that the mood was a bit more positive.

I've just sold out of my major position in IDC. Bought at 0.12, sold at 0.13, so no harm done.

However, I still hold a position from the ASX float back in Dec 2010 (at 0.20). I'll continue to hold with the hope of selling for a small profit later down the track.

So my general feeling is that if the resource upgrades pan out, there could be an opportunity for those that bought between .10 and .12 to make somewhere around a 100% return. However, I think the prospect of anything greater has been really hit hard with the results of the PFS (and hence why I'm out for the most part, as the reward isn't worth the risk in my personal circumstances).

Buy side was looking really sparse this morning, but now a few are waiting to jump in at .12 and .125 again. The other thing to keep in mind is that a lot of people bought in at .15 or so a couple of weeks ago when we had that massive volume day. I think the games are set to continue for a while yet.

Best of luck to all holders.