IVA 0.00% 21.5¢ inova resources limited

What's going on.Part of announcement '(The Little Wizard ore...

  1. 60 Posts.
    What's going on.

    Part of announcement

    '(The Little Wizard ore body has an Indicated Mineral Resource of 15,000 tonnes at 6.5%
    molybdenum and 84 grams per tonne rhenium and forms part of the Merlin Molybdenum
    and Rhenium Project, the world’s highest-grade molybdenum and rhenium deposit.
    “Considering that the highest-grade operating molybdenum mines process ore at an
    average grade around 0.3% molybdenum, the astonishingly high-grade ore at Little Wizard
    shows what an extraordinary mineral belt we have in the Merlin/Mount Dore region).

    The richest deposit in the World.
    and the SP Goes Down,
    can someone
    PLEASE EXPLAIN!
 
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