IDC 0.00% 0.0¢ indochine mining limited

That's a lot of cash to find for a company with a market cap of...

  1. 539 Posts.
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    That's a lot of cash to find for a company with a market cap of sub 20 million. Just where exactly will it come from nectar? I'd say most would have to be capital raised, which would mean massive dilution. The risk/reward just doesn't add up for me. Plus you've also got the local landholders getting their take, which from memory was mentioned on here at around 20%.
 
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Currently unlisted public company.

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