IDC indochine mining limited

You yourself seem to ignore the need to raise capital at...

  1. 816 Posts.
    You yourself seem to ignore the need to raise capital at depressed shareprices.

    This means more shares being issued at these prices. How about you go have a good look at how many capital raisings they have and how much they will need until they get to production.

    Conservative estimate 5m/quarter (although the number present is more like 7-9m)... and 2 years is 40m. More than half the market cap.


    I guess i am questioning your timing of entry. Those who enter now risk seeing their shareholding being diluted unless
    1) Sharepice increases significantly so they are not diluted (doesn't seem to be happening) or
    2) they can participate in discounted raisings which only seem to be offered to institutions atm. Will management do you retail holders any favour?

    Long road for IDC... 2 years till production and needing 6-7m each quarter prior to final big financing.
 
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