IVA
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0.00% 21.5¢ inova resources limited

is osbourne cash flow positive ?, page-2

  1. Beardy
    2,204 Posts.
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    02/06/13
    15:01
    Post #: 11839048
    in 2012 they produced 27 millions lbs of copper ( 12,200 tonnes)

    They are targetting $ 2.00 lb C1 cost in current quarter
    so if they can manage this they will have $ 27m to pay admin & exploration & royalty costs

    So maybe they are breakeven ?
    IVA Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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