IDC 0.00% 0.0¢ indochine mining limited

Death plunge?, page-59

  1. 2,731 Posts.
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    Dead right. With over a billion shares, IMO there is no room for another float and IDC is locked in to finding a partner which will to fund the adit to prove up the expected increase in high grade, and carry the project into production. That's around $120 m worth. Prompt granting of the mining licence is critical IMO. Anything less than all the above leads nowhere. If they can swing it, I would expect it to cost them 49.9% of the project.
    23.
 
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