annual report, page-29

Darling Goldie, I'm not going anywhere but there are times where I question the sensibility of going 'all in' with IVR. I have 89% of all available funds in the Good Ship and my average is just over 20c. Whilst I am not going to be entering the top 20 anytime soon, I have made a fairly large financial committment to IVR the biggest I have ever made to one business.

I have my plan and I will be sticking to it and whilst doubt always creeps in when the SP is flat/drifting back, one has to trust their research and judgement and not follow the crowd.

I still have the upmost belief in Paris and I genuinely believe JA will prove up multiple deposits across the Eyre Peninsular. The risks for me are the big boys and market manipulation to engineer a T/O. I can see this happening at some point in the future but for now, I still see a 2 or 3 bagger (at least) out of IVR.