IDM’s strategy is to complete the PFS in a professional and timely manner with extensive consultation with the local community.
In conjunction with this, given the camp of other copper-gold projects in the region, other potential acquisitions, will be assessed which could add positive synergies to Mankayan
IDM has 84,416,560 shares issued to approximately 800 shareholders.
Additionally there are 3,800,000 options available at 20 cents with a 4-year expiration and 6,620,000 options at 40 cents with a 4-year expiration.
There are no performance rights issued.
With its world-class copper project IDM is now in a strong position to join the ASX.
Copper is a highly sought-after commodity in the global market especially with the increasing demand for renewable energy technologies.
IDM's project is strategically positioned to capitalize on this demand making it an attractive investment opportunity for potential shareholders.
The company's focus on copper also aligns with the current market trends further enhancing its appeal for a liquidity event or IPO.
Compelling Value and Strong Upside
IDM's strong footprint in the country where its project is located provides a solid foundation for future growth and development.
With clear company goals and a track record of successful operations IDM is well-positioned to attract investors and drive shareholder value through further corporate action.
Learn more about one of the largest undeveloped copper-gold porphyry projects in the world.
Contact us for further information.
What is the project's current status?
The project is currently going through a PFS as detailed above.
What strategic opportunities are available?
Plenty - through strategic investment, offtake or eventual buyout
What is the changing culture of exploration and mining in the Philippines?
Through detailed consultation, the MGB will assist and guide companies with resource projects to ensure they are explored for and developed within the Mining Act
How does the government support projects like Mankayan?
The MGB are supportive of new investment into the Philippines and the promotion of existing and new minerals developments.