IDC indochine mining limited

hal2000,There will be a rapid increase in expenditure. Increased...

  1. 816 Posts.
    hal2000,

    There will be a rapid increase in expenditure. Increased drilling to prove up more resource. Plus further drilling to move inferred into indicated/measured category. On-top of that consultant fees to complete DFS will be enormous. A lot of helicopter rides.

    The inferred resource is more than 50%...


    The estimated cash-flow will not decrease.

    Go and refer to the last few cash quarterlies. They both estimated 6m and ended up with over 9m++

    Next quarter they estimated 7.8m.... why is it not decreasing below 6m then?

    Your assumption is DFS can be done off inferred resource? No more drilling?
 
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