npv increases about 70% since scoping study, page-7

NPV is now ~1,7 billion at prices @ 500 US-$/t. Pig Iron.

The market needs the upcoming Scoping Study with current prices to realize the undervaluation.

Indo Mines remember me of YTC Resources. YTC also had a Scoping Study with "old" Goldprices far below 1000 US-$/Oz Au when the real goldprice was far over 1000 US-$. But the market slept until YTC announced an updated Study with current prices. This was the wake up call for YTC and the wake up call for Indo Mines is scheduled for no later than June (Scoping Study Iron Ore)