I recently queried if there was any real progress on the adit - according to the various anns from IDC, I was under the impression NOT a great deal had been achieved since the announcement the adit was to commence late last year when the company tried to raise $26mil.
Several posters suggested the adit was almost complete - ready to receive a jumbo.
Today's ann seems to suggest otherwise, or am I reading this incorrectly again?????
Operational Developments
Indochine has directed Australian Contract Mining Pty Ltd (ACM) to mobilise a small team of supervisory
personnel to PNG to assist with all aspects of planning and logistics of the proposed exploration Adit and
underground diamond drilling program. The Company is also in the process of designing a 7km heavy-duty
access track to the site, which would enable mining equipment to be mobilised to the exploration Adit.
I recently queried if there was any real progress on the adit -...
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