IDC indochine mining limited
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So Nectar. On a dirty prorata calculation you are valuing IDC at...

  1. Blue Thunder
    90 Posts.
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    28/11/11
    12:00
    Post #: 9351989
    So Nectar. On a dirty prorata calculation you are valuing IDC at 56c against GRY for the same resource (2Moz)?

    GRY 345M shares
    IDC 481M shares

    GRY $224/oz
    IDC $135/oz (assumed after JORC)

    GRY share price $1.30 * 345/481 * 135/224 = $0.56

    BT
    IDC Price at posting: 15.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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