$3.5m in the bank $4.9m needed

Cash & Shares on Issue
The cash position was $3.5 million at 31 March 2013 (Appendix 5B). With $4.9m needed just for next quarter!
The IDC Board is actively reviewing a range of financing alternatives to support the next phase of drilling and other work at the Mt Kare project.
The issued capital of Indochine is 786,483,322 fully paid ordinary shares.

What alternatives are out there other than issuing more shares to sophisticated investors? No point just raising a few million to cover next qtr, they need to raise a substantial amount.

Thoughts on where IDC go from here? They have gold in the ground but nothing in the bank. Worrying times I feel.