Can you back your claim up oligarch.
You say IDC has 10m in the bank??
Look at the last cashflow statement.
On 31 dec they had 3.3m, they did a cap raising for 7m in January. So that means they have 10.3m.
The forecast expenditure for 01 Jan till 31 March (as said in the cashflow statement) is 6.95m.
10.3m - 6.95m = 3.35m left at the end of march.
It is now almost May and that is if they actually spent what they estimated they would. You would be blind to say there is no capital raising happening soon. One occurs every 3 months and time is up. Just the way it is in PNG. Expensive.
As to hal2000, why bother reply lol. I can't make sense of what you type.
Can you back your claim up oligarch.You say IDC has 10m in the...
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