Ann: Quarterly Activities Report , page-17

if they were comprimised it would have been raised as part of the last quarterly i.e. either they should have raised it or the ASX should have raised.

next if they were comprimised I think they would have gone to the market by now - its 6 weeks since the end of the quarter so they should have burned through that money if it was an issue.

next the big shareholders would have stepped in - we would have been shafted by the deal but it would have been on the table by now

finally - the deal with the chinese was described as "we have sold" which means that it was sold as opposed to provided as samples etc. Most deals are so much once it is loaded on the boat, so much more once its landed in the buyers port of choice and has undergone testing for consistency / quality and then possibly final payment x days after delivery.

So what we might have had is 50% when loaded on the boat in the US, 30% once in China and tested (so in July) and then the last 20% 60 days later... Who knows what the deal is, all you can do is trust that if IDM had issues we would know about it by now. In my mind the longer we go without a negative diclosure the better as it derisks it all.

The fact that they have forecast so much $ on production this quarter (without an ASX question) is a positive sign.