IDC indochine mining limited
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Cash burn was $6.8M for the quarter, however that included a...

  1. Blue Thunder
    90 Posts.
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    01/05/12
    16:04
    Post #: 10116299
    Cash burn was $6.8M for the quarter, however that included a payment of just over $3M for the Mt Kare aquisition. They have estimated cash outflow of $6M for coming quarter with nearly $3.5M in the bank. Where does the $10M per quarter burn rate come from?

    BT
    IDC Price at posting: 14.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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