doesnt look good, page-13

In the short term IVG exploration has the potential to put a floor under IPT's share price (without any Botswana factored in).

I get the impression the IVG drill has a good a chance at some excellent results as anything drilling or about to drill atm (just look at what surrounds them). We should see initial results come in before the year is out.

Botswana assay results are on the way back from the lab as we speak. Not sure how many they need before they can announce to market what they have - it may be the Elephant (although current market action is not hinting at that) but if not they will have cash from the TOE transaction to continue drilling without any shareholder dilution.

It's no doubt a specie but imo lowish risk if you have some patience. Very professional outfit with large diversified exploration potential. They really just need one good hit to get them off and running.