Mining Nerds



Indo Mines Limited

Ticker: IDO : ASX Description: Indo Mines Limited engages in the mining and exploration for diamonds, precious metals, and industrial minerals in Australia, Indonesia, and Peru. Its projects include Chinguela Gold Project located in Huancabamba District, northern Peru; Wonarah Phosphate Project located in the Tennant Creek region, Northern Territory; Seppelt Range Diamond Project and King George Diamond Project located in North Kimberley region, Western Australia; and Echunga diamond Project located in Adelaide Hills, South Australia. The company also has 70% interest in Yogyakarta Ironsands–Pig Iron Project in Yogyakarta, Indonesia; 10% interest in EL MOLINO Cu-Au Project in Cajamarca District, Peru; 30% interest in Nangali Gold Project in Huancabamba District, northern Peru; and LOBETHAL JV–Bird-In-Hand Gold Mine/Diamonds in Adelaide Hills, South Australia. In addition, it has an option to earn 80% interest in 801 Lead/Zinc/Diamond Project located in Northern Territory, Australia. Indo Mines was formerly known as AKD Limited and changed its name to Indo Mines Limited in March 2006. The company is based in West Perth, Australia.
Shares (mm): 50.5
Market Cap (mm): $14.1
Cash Flow (mm): -$1.1
Cash (mm): $1.2
Last Price: $0.28
$ Change:-0.007982
% Change: -2.78
Volume: 7,000
Website: www.akd.net.au
Google Finance: http://finance.google.com/finance?q=IDO.AX&hl=en
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