Thanks GPLS
Whatever is happening with thiss TH, it looks like we are getting to final stages of this cornerstone investment/jv/strategic partner we have been waiting 6 months for!
Im going back through the last announcements to try and make sense of what is going on. I'll post what I can find.
This Market Update from IDC on the 30/10/2014 highlights that Rodan had moved all his Adit construction equipment to Mt Hagen over a month ago, waiting for this funding to start the Adit and we see the SPARKLY STUFF in the Walls of the Adit of Mt Kare!
Bonanza Gold and Jewellery Boxes GPLS!
Mr McVeigh has stated that a corporate transaction would be completed before the end of this year, I suppose with 4 weeks left in the year before Christmas, we must be getting close now and this TH is part of the process!
Reading the announcement below, PCF Capital has received a number of expressions of interest which they must have shortlisted and now we seem to be getting to the pointy end.
I wouldn't mind seeing IDC listed on the London Stock Exchange either (in announcement below), since they know the importance of Gold and exposure to Gold with so much geo political upheaval and financial risk at play in markets at present.
By listing IDC on the London Stock Exchange, Large Funds will be able to buy into IDC at market, in order to receive some of this magnificent High Grade Gold as Dividends, actual physical Gold as dividends.
This is what Mt Kare can offer, where 99% of the world's other Gold Mines cannot.
Take a look at what is happening in Europe at present, you will then understand why listing on the London Stock Exchange would be very very beneficial to IDC Shareholders.
Cheers DM
http://www.indochinemining.com/LiteratureRetrieve.aspx?ID=178489
News: Indochine Mining to reveal more on capital raising, page-4
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