IVA 0.00% 21.5¢ inova resources limited

looks set to test new lows, page-2

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    1. Copper turning around.
    2. Production starting and reaching targets.
    3. Production hitting steady state.
    4. Cost of production hitting the projected mine life average of US$1.67/lb (I think).
    5. Waiting for the other projects to come into production/
    6. Potentially more discoveries.

    I topped up today.

    Am I right that the first project coming online will have cash costs of US$1.67/lb? If so, I feel safe enough that we'll have positive cashflow providing some safety while bringing the other projects online.
 
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