Doesn't look that great when you read they were hoping to raise...

Doesn't look that great when you read they were hoping to raise 4.2 million by issuing 100 million shares.
The capital raising announcement says they only raised 2.7 million approximately by issuing 70 million shares.
So they weren't able to sell all they wanted to at a reduced price. Still got me buggered how they managed to sell shares at a premium of 9 cents a few weeks back.
Hope we don't have to wait until the quarterly to get more details from IDC. I reckon it's time that they gave us regular updates on what work is being done on site and where the JV talks are at.