Ann: Quarterly Activities and Cash Flow Report, page-70

Hey Silvgo
You may have noticed today SVL plunged 40% today on the ASX as this NSW based explorer fell foul of the mining regulatory mess that is NSW in Oz.
The buy sell sides at the close of both IVR and SVL were eerily similar. This tells you that silver plays on the ASX are not valued as serious explorers - unlike other bourses like the TSV.
The jurisdictions in Sth Aust are much friendlier to mining - like W.A. but the approval problems in NSW I think affect the sentiment to IVR very heavily in the negative currently. Go well
G