IDC indochine mining limited
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re: Ann: Pre-Feasibility Study Summary - Mt K... extremely poor...

  1. LeDerp
    816 Posts.
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    02/10/12
    10:52
    Post #: 10799235
    re: Ann: Pre-Feasibility Study Summary - Mt K... extremely poor pre-feas...

    I know they will add more later on but as it stands it is downright horrible.

    28% IRR? PRE tax as well.

    2 billion revenue, 800m operating costs... what is that? Costs are almost half the revenue.... and they used a highish gold price of 1650 and silver 30$.

    A conservative company would use 1500$.

    IDC Price at posting: 11.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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