IVA 0.00% 21.5¢ inova resources limited

you've got to be kidding, page-18

  1. asf
    9,888 Posts.
    hammers, where do you get NTA from, please? Do you have a link for it? Thanks.

    Agree IVA has great assets, and news coming up this Quarter on Merlin and Mt Elliott, too. Merlin is the money shot- the company says it has demonstrated a greater resource and improved economics, but we'll have to wait and see.

    Copper no $3.10- gone up a few points, but it started out @ $3.07, which is the low. Copper stocks having a bad day- OZL, PNA, SFR, and RXM.

    I noticed that IVA is sending out a ship of copper/gold, and will get $18m for it. They said they expect to do 10 annually, so that's $180m revenue. If they can keep costs low (hard to do in this copper environment), and make a profit, they can save up for Merlin production.
 
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