IVA 0.00% 21.5¢ inova resources limited

anyone have some answers?, page-2

  1. 6,756 Posts.
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    It certainly got ugly at one stage today in the 30's before a partial recovery.
    They're obviously letting a lot of HO staff go at the moment,which is usually costly.
    We'll have to wait for the quarterly on Mon/Tues to see the cash burn rate.
    Hopefully they'll be cashflow positive from mining operations in the Sept qtr but will still have restructuring costs in the current qtr.
    Let's pray they don't need more cash.
 
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