TobyJock, I hope you are not suggesting here on HotCopper that...

TobyJock, I hope you are not suggesting here on HotCopper that IDC is trading insolvent are you?
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hal2000 - what I said is exactly as below, taken from the company's cash flow statement released to the market. They may well have other "commercial in confidence" arrangements being worked through that are not currently available to the market, however, based on what information is available ................

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.

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"You can't get your heads around the utterly simple fact obvious in your face fact that IDC management can do what ever they like, accelerate of retard expenditure, as they deem fit."
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Isn't that EXACTLY what I said above ....."So either somebody isn't going to get paid, they will REVISE their EXPENDITURE FORECAST, or they will have to raise some more money"

I hope that clears things up for you once and for all.

I think the subject has been done to death.