IDC indochine mining limited

Ann: Pre-Feasibility Study Summary - Mt Kare Gold, page-3

  1. 390 Posts.
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    re: Ann: Pre-Feasibility Study Summary - Mt K... It contained nothing from left field
    Still all good for long term holders
    probably worth a MC of around $120M based on a risk adjusted NPV (19 cents a share)but the markets view of risk can vary + or - 25%...so it probably at the lower end at present.
    The run up to 18 cents in recent times would suggest someone though its worth more than 18 cents....

    That of course ignores the upside potential of new drilling results

    Bring on the assay results please Mr P
 
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