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.
IDO Price at posting:
48.0¢ Sentiment: Sell Disclosure: Not Held