IDC indochine mining limited

pog $1600 + drilling summary , page-8

  1. 453 Posts.
    The price is being supressed for the upcoming capital raising.

    With a quoted $25m needed, this will be the largest capital raising they will do, so the INSTO's obviously want to get the shares as cheap as possible.

    I would say the raising will happen at 10cents, thats another 250m shares taking us to over 1 billion.

    Do not expect large short term gains.

 
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