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Gold/Mining/Energy : Inventus Mining Corp - IVS
GNGXF 0.0921+12.7%Dec 9 4:00 PM EST

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bostma
To: Robov who wrote (582)5/24/2019 10:36:41 PM
From: molee1 Recommendation   of 634
 
So , a member from another messageboard had sent "management" an e-mail a little while ago and got this response ... Seems like a delay in operations . Maybe Rob M. can be of assistance ...


"We are still working away on arrangements for the bulk sample. The key issue we face is securing a mill that can process our material and dispose of our tailings. Recently we have had some success on this front, but we have yet to reach a commercial agreement with the mill.
Our stepwise plan is:

1. secure a mill, 2. raise adequate funding for environmental bonding and working capital, 3. post environmental bond and obtain permit, 4. start mining (2-3 phases this year totalling 20-30,000 tonnes).

I estimate additional $500k is necessary ($150k for bonding, and $350k for additional working capital)."
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