IVR 5.71% 3.3¢ investigator resources ltd

capital raising, page-6

  1. 9,018 Posts.
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    BRADKNI

    The cash burn should not be as fast as the first 6 months, as IVR had 3 diamond rigs drilling Paris(double shift as well) to get the info for IVR's JORC. Diamond drilling is the most expensive form of drilling you can do.

    That said, should the current drilling at Alexander and Hector prove to be good, we may yet be diamond drilling those areas as well, which will be expensive, but by then we should be well in the money.
 
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