IVA 0.00% 21.5¢ inova resources limited

Ann: FORM 604 NOTICE OF CHANGE OF INTERESTS OF SU, page-7

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  1. 3,105 Posts.
    lightbulb Created with Sketch. 44
    re: Ann: FORM 604 NOTICE OF CHANGE OF INTERES... Ramp up issues and cost blowouts need cleansing via a quarterly or more illustrating that they can turn a profit at current copper/gold prices. The last quarterly had total production costs at $4.27/lb so why would the market buy IVA based on that?

    Adding further pain of course, the decision makers continue stuffing absurd sums of cash into their respective pockets and awarding themselves performance shares yet the massive slide in shareholder value continues. Times are indeed tough, but not for company execs it would appear! Corporate greed never ceases to amaze me.

    In the not too distant future, i foresee million buck execs stacking supermarket shelves and moaning about commodity cycles.

    Turn a profit and the market will mark it up, it's that simple!



 
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