I took the last several days to ponder over this Ann but just sold 50% of my holdings (1M+ shares) at approx. 50% loss. I own it. Took the proceeds and pumped it into BC8, a brutally efficient and consistent home-run hitting company and BoD.
The Ann does not read well, it's hard to get past the numbers and reality of what was said. The hail mary for IVR is the silver price.
I'm still invested to see what happens for now, but the huge gamble failed. Andrew probably needs to go (he's not the one to take this further, imho). More dilution coming.
I still believe in silver but not at the expense of sticking my head in the sand like a loser.
Donald "Dark MAGA" Frumpies
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