The flip side is this, Re is a small but well controlled market by 2 or 3 major suppliers squeezing their commercial customers. These suppliers are likely (actually without doubt) to have already contacted IVA regarding this deposit for marketing agreements because they need to protect their market. Possibly the front end could be restricted to 0.4-0.5Mtpa to "save" the Re market and the suppliers which also benefits IVA, the politics will be interesting on this.
Sold early after drill results, looking to re-enter when things cool off again. Copper breakout also helping this stock.
IVA Price at posting:
$1.04 Sentiment: None Disclosure: Not Held
