Hey Vin, Sandstone et al,
What's most pleasing about this article is that it categorically confirms that the company already has commitments of $17mil from our 2 largest stakeholders at 9c!
This is huge! Well done SP, that's why we pay you the big bucks.
Baker Steel was also Andean's largest shareholder which had a similar market cap to IDC before it got taken over by Goldcorp for $3.4B. i.e. they know a great bargain when they see it and therefore don't mind paying a 32% premium to the last quoted price.
There is no doubt in mind now that Mt. Kare will finally be brought to life by lil 'ol IDC, after 30 years of failure by others including Rio Tinto.
Well done to all those who stood firm when IDC was the laughing stock of the forums only a year ago. And those who were concerned about IDC going belly up through lack of funds, there are no excuses now boys and girls.
All aboard!!! The IDC train is leaving the station and now departing the 'Valley Of Death'. Destination: Blue Sky mining :-)
Note: my opinion is mine only and in no way am I offering advice of any kind. Please DYOR.
Hey Vin, Sandstone et al,What's most pleasing about this article...
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