target 250,000 oz annual gold prodn!, page-7

Hey Yurt

Check out the calcs at the top of this thread.

I'm assuming an additional 780Million Shares will be issued between now and production in 2015.

Even with 1.5Billion Shares Outstanding, and assming the worse case scenario of 150,000 ounce production as per the conservative PFS we are looking at a share price of $2.00 per share.

If as Mr Promnitz and Mr Burgess believes, with the help of the bonanza zones we lift production to 250,000 ounces, the share price lifts to $3.33, assumming 1.5Billion Shares Outstanding.

It is the sheer size and quality of the gold and silver that ensures an incredible return on shareholders investment, especially from the current 13-16c share price range......

Cheers Nectar



"The first two pages are very important as the summarise the project.

$3Billion to $5Billion Asset Potential…..Current Mkt Cap is $100Million
This is why multi trillion dollar funds continually invest in IDC.

The sheer size of Mt Kare and the soon to be confirmed bonanza gold and silver grades will lift the market cap of IndoChine Mining at time of production in early 2015, only 2 yrs from now, to between $3Billion-5Billion!

The Number of Shares Outstanding is currently only 722Million.

If Number of Shares Outstanding as a worst case scenario doubles at time of production to 1.5Billion A $3Billion to $5Billion Asset/Mkt Cap equates to a share price of between $2-$3.33.

Or an increase of between 1333% to 2220% from the current 15c share price!"