Anyone have any thoughts on how much they intend to raise this time and at what price - how many extra shares that will entail? It seems to me the jv talks are not getting the same attention/mention now under the new management as it did with the previous.
Last October IDC sought to raise (but failed) $26.3mil (at 0.07c), to cover
• $10 million - Adit development and drilling programme (~10,000 metres) from underground and associated
costs including assaying
• $3.5 million - Completion of a Feasibility and Environmental Study and associated work
• $2 million – Establish road access to project
• $1.5 million – Completion of a Landowner Investigation Report
• $9.3 million - Administration & Working Capital, including:
Camp & site costs, Transport and Logistical support
Costs of the Capital Raising ,
I should imagine a similar amount is still needed?
Anyone have any thoughts on how much they intend to raise this...
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