ICG 20.0% 0.6¢ inca minerals limited

Ann: 33.91% ZINC & NEW CONCESSIONS RE-RATE CERRO RAYAS, page-102

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  1. 5,514 Posts.
    lightbulb Created with Sketch. 60
    We have around 2.5 bln shares therefore 10c MC of 250 mln is realistic but depends upon share price trajectory and dilution in the mean time .
    PEX is half of it at present but did not gain its full potential yet. Do not compare number of share but MC and then work out the price baced on the number of shares.

    I understand our tenement is much bigger so I am hoping that even 50c is possible in the extreme circumstances.

    The Large scale resource can go upwards of $2 biln
    This is what we were targeting in our previous target which almost worked out but was located too deep to be economical.
    This one seems not deep so anything possible.

    I hold 40 mnls shares now so even 5c will do for me
 
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