"capital raising is outof thequestion" idc ceo, page-30

It was an innuendo suggesting the company was trading or was likely to trade insolvent.
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There was no innuendo.

The fact that there is a shortfall in what they stated they had in the bank vs what they said they would spend is spelt out in the company's own cash flow report - simple maths.

Perhaps IDC should put out a statement saying they are curbing costs/cash burn (like some other companies have recently done), and/or let the market know what they are doing in the way of additional funds to meet their stated expenditure.

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According to IDC's Cash Flow Statement at the end of last quarter, it had ($,000) 3,481 in the bank.

IDC also stated it intends to spend this quarter 4,900 (4,100 in exploration and another 800 in administration).

That represents a SHORTFALL between available funds and expected outflows of 1.5 mil.

So either somebody isn't going to get paid, they will revise their expenditure forecast, or they will have to raise some more money.

Doesn't get any more complicated than that.