IDC indochine mining limited

idc ready to run, page-6

  1. 291 Posts.
    Hi danhoff,

    I would suggest that kcn did this deal thinking that IDC would do the hard work getting it up and running and then they would (maybe) get back involved for a similar 'next to nothing' deal in the future. This is yet to be seen!!

    As for the locals- I think the team they have employed on the ground are very experienced in dealing with png locals! SP has stated in every presentation that IDC are doing everything in there power to make sure the locals are comfortable with everything that is happening in and around Mt Kare.

    I personally don't know if the PFS will be positive but I am happy with Black Rock etc lifting there share holding in the company as a good indication that PFS and BFS are on track!

    Hope this helps, and good luck with any investments you make!

    Regards

    Surly
 
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