You have to remember that nothing much has changed with this company since it was trading at $3.49 in April of this year, except that it is now better funded.
Resource prices have changed and people are less confident in Europe/US.
I bought more today since with a capital raising at $1.39 I am happy to buy for below $1.00.
"Osborne: Average cash cost including royalties and after by-product credits of US$1.67/Ib"
I imagine copper will have no problem staying above $2/lb, it's $3.10 now.
IVA Price at posting:
93.1¢ Sentiment: Buy Disclosure: Held
