sandstone
i think the best way forward for the company would not include a capital raising, especially at such a low price as it is now
the bonanza drillholes, two to come, really need to meet the expectations (that IDC themselves have placed).
Post these results, an upgrade in the resource will be worked on and there is almost no chance a CR will be announced prior to this, which is going to be around mid year
with 10m or so in the bank ,its plenty to continue drilling and working on the DFS, at least for the remainder of 2013.
after a juicy resource upgrade, the best step forward would be a loan/project finance agreement, which I feel strongly that our major shareholders would assist with, this will enable IDC to get straight into construction and production
as has been widely stated already, Porgera's flagship deposit of 5m oz at 27 g/t wAS only recently discovered, well after production on the main pit had started
IDC just need to get 'their' mine started, then they can focus on growing this baby into a monster
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