Ann: December 2014 Activities Report, App5B and Tenement Info, page-8

Kiwibird, you keep showing photos of the machinery on the dock, at what port i dont know, certainly not in PNG. Until the legal mess has been cleared up and a road constructed to gain access to Mt Kare none of that gear is going anywhere. If its leased then money is very quickly going down the drain, if the machinery has been bought & is not producing than thats money going down the toilet too. I think more capital has to be raised for IDC to carry on & until the legalities of the exploration permit are finalized no one is going to invest a major amount of money in the project. I had a small very rich gold mining lease which i sold a few months ago for a song & it hurt. Why, very simple, i have the experience to run the whole project myself & could have made $millions in 2 to 3 years, but after battling to raise finance to kick it off for a very long time i finally had to walk away. IDC could be in the same boat.