Surly,
You seem a little confused,
I'm sure you have done your own research on IDC, surly you have I would direct you to post #7453112 dated 24/11/11 and also post #7452434, this should clarify the matter, but even better ill paste what I posted on HC re the AGM
"not enough questions asked,
i pulled Promnitz aside after the meeting for 5 min to discuss Cambodia and my dissapointment re feedback and progress, i believe Kingsley asked the question relating to feedback and Promnitz apolagised and said they will try to improve in the future,
Promnitz also wanted to make it perfectly clear that the landowners @ Mt Kare ARE onside and want to see the area developed, this was a big plus from my end as he said he "Wanted to make it clear"
also judging by the mines around Mt-Kare 8mill oz/yr would not be out of the question
Cambodia drilling res early Jan
Resource upgrade "Soon"
3-3.5yrs to production
PFS mid 2012, just went through the presentation overall.
Not as many people as i thought and a extremely interesting note was that there was no rep from Cambodia there, i was hoping to get david or Ross alone for a chat but both were not there.
The biggest problem they seem to be having is getting machinery/personell over to the tenemants as the LNG boom in PNG is sucking up all drills/helicopters and skilled staff.
We know area's like thailand/cambodia can be company changers and with the commercial interest IDC has from KCN make me more comfortable with my investment,
3-4yrs before we are $4+...... i can live with that."
So my friend, if you choose to put blinkers on and believe all is progressing Well, then I wish you luck,
As you earlier mentioned here below
"Invest, you made 45% so if you were to meet SP you should be shaking his hand!"....
Strong words mate, I'm sure the investors that got in at 30c or even the people who took part in the IPO are very happy about the SP ey? I'm sure some people would wanna meet SP..... But not to shake his hand.
Again and again I say I do not doubt the long term goal of IDC (even though people consider it a downramp which it isn't) but a few more boxes to be ticked.......But being a smart investor Surly you have done your homework.
Bcos at the moment the only thing being ticked off at the moment is shareholders.
Sentiment: looonnngggggg term buy
Add to My Watchlist
What is My Watchlist?