Ben2010 that is irrelevant imo.
The issue is how we can justify a market cap of $25 million for IVR based upon the JORC and the current silver price, combined with IVR's rapidly decreasing cash position?
We're talking just 15 million ounces of silver for IVR, most inferred, and also importantly with a grade that surprised on the low side, being not much more than 100g/t.
40% increase in directors fees no way !, page-14
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