I dont believe that information to be correct.They have $3m in...

I dont believe that information to be correct.

They have $3m in the bank and a further $10m in an unused banking facility. A contigency was also built into the prjoect and there has been no reported cost over-run.

In the last quarterly report they outlined $610k outflow for this quarter, most of that is adminstration costs.

kingquail,

It's called Bot Trading. Computer based buying and selling of a stock normally used by institutions. You may have noticed the trades were 5 mins apart. It's the first time that IDM has been exposed to it (that I've seen). The insto will pay one fee for the day's trade.

Pep