indophil negotiates sale to chinese, page-2

1.40 / sh.

Now the question is whether it is a complete IRN sale or merely Tampkan which will presumably leave IRN with:

~49m cash

50% Rsc [email protected] Au, 26gt Ag, 0.85% Pb, 1.58% Zn (245koz Au): Manat Phillippines: refractory with 70% recov, also new area: [email protected]% Cu, 0.3gt Au.

50-100%:
Rsc est [email protected]% Cu, 1.17% Pb, 2.26% Zn, 0.48gt Au, 9.63gt Ag: Leyte Phillipines.
Labo Philippines: [email protected] Au.
Bunawan Philippines: Au expl, title dispute.
Buda Philippines: porph expl, samples to 5.8m@31gt Au, 80gt Ag, 1.05% Cu.