IDO 0.00% 0.3¢ indo mines limited

Ann: First Pig Iron Cast at Outotec Trial Smeltin, page-3

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  1. 233 Posts.
    re: Ann: First Pig Iron Cast at Outotec Trial... Used to really like IDO but the FS just doesn't add up for me - too small a reserve, no real infrastructure, problems with the locals, issues with export of raw product from Indo and very high CAPEX for such a small company.

    While there might be some positives, also a lot of negatives and we're being asked to buy a lot of 'blue sky'. Experience tells me this is going to be hard to make work.

    Sorry, but I'm out.....DYOR.
 
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