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.
IVA Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
