OTCPK:IVWFF - Post by User
Comment by
ElJon May 11, 2008 5:47pm
250 Views
Post# 15061256
RE: Q1 Results
RE: Q1 ResultsI anticipate somewhere in the order of $7.5 million net loss for Q1, 2008 i.e about $0.05 per share loss
....primarily from Interest expense at approx. $3.8m + Care & Mtce. Costs $2.5 million approx. + approx. $3million G&A and Parlim. Enquiry costs etc., etc.. with some Taxes Recoveries reducing the loss towards $7.5 million.
Yes news on Inventory shipments, export re-commencement permission and start-up plans by Ivernia is the more important awaited news. The lead investigation situation across the country at Mt. Isa will also be anxiously awaited by the lead market in general and should be clarified during next few weeks,
Peace,
Good Decision-Making to All,
ElJ