Hal2000,Promnitz told me that IDC will not take out a Gold...

Hal2000,

Promnitz told me that IDC will not take out a Gold Loan.

The reality is that we will need to raise cash through a capital raising.

Even in the interview Promnitz did with CNBC, he did not categorally deny that they wouldnt raise again, even after he was asked in the interview.

He didnt even answer the question, all he said was that development companies need to raise.

To me, this tells me that they will need to raise again.

The money will run out in 3 months.

I am not down ramping or being negative, as many here suggest.

I am only stating the facts I am aware of.

Dont forgot, I am a large retail holder myself and want the best for IDC.