IDC indochine mining limited
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How so nectar38?Your dilution inclusion is not for the capex to...

  1. LeDerp
    816 Posts.
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    08/10/12
    19:08
    Post #: 10829709
    How so nectar38?

    Your dilution inclusion is not for the capex to start up the mine. So basically the entire calculation on EPS ignores initial and on-going capex.

    Your additional 120million shares at say current prices is equivalent to 14.4m$.

    This is probably to fund the BFS amd ongoing admin expense.

    Go check your post... I am sure i am correct.
    IDC Price at posting: 11.9¢ Sentiment: ST Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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