IVR 0.00% 4.8¢ investigator resources ltd

40% increase in directors fees no way !, page-9

  1. 24,765 Posts.
    1. IVR is not exactly cash rich at present.

    2. These are difficult market times for precious metals companies, especially spec junior explorers like IVR.

    3. IVR has delivered poor drilling results at the much hyped Alexander.

    4. IVR has followed that with what can only be described as a shocker of a JORC at Paris which dismally failed to meet expectations on the amount of silver and the grade.

    5. This being the case, there is absolutely NO justification for any increases in payment to Management.

    6. If anything in current market conditions costs need to be cut.

 
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