OTCPK:IVWFF - Post by User
Comment by
ElJon Jan 09, 2009 12:37pm
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Post# 15694194
RE: I stumbled on to this last night
RE: I stumbled on to this last nightThe first revenue from Lead product for Ivernia in 2009 will come from shipping the concentrate currently in storage at Esperance........ bagged with the portable equipment and shipped in the containers for which special arrangements have had to be made, since Esperance does not normally handle these type of containers. I anticipate this "clean-out" activity to be completed by the end of April 2009.
I believe that this successful action is a pre-requisite to authorization for shipping permission through Fremantle from re-commencement of concentrate processing from the mine. In our difficult global business circumstances, the recent sub $0.10 share price was an excellent risk/reward opportunity investment IMHO, considering all the past couple of years history and the new Western Australia Government orientation to the mining and mineral processing business. Ivernia costs will be significantly higher than at this time 2 years ago,
Peace,
Good Decision-making to All,
ElJ