IDC indochine mining limited

Next announcement will be the mining licence? Do you do read...

  1. 1,115 Posts.
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    Next announcement will be the mining licence?

    Do you do read anything, or do any research?

    They haven't even renewed the exploration licence.

    They can't apply for a ML without a BFS completed, and they've got a proposed 2015 drilling program to fund to upgrade the resource before a ML as well.

    The market cap of IDC is around $17m, they need double what the whole company is worth to fund the adit and repay current liabilities, some of you are so delusional.

    Major shareholders couldn't sell their shares anyway, look at the market depth, 8m buyers between 1.3c and 0.001c, be realistic.

    "As long as they stay nothing to worry about IMO"

    Most naive statement ever, doesn't matter who the major shareholders are, a company will still go under regardless, i.e. Forge Group recently.
 
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Currently unlisted public company.

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