At 15c and its priced in.
Its going to need to be very big to shift the sp big time.
Another so so result, even with a sample to surface, will not suffice this time round.
IVZ IMO are suffering from the burning anyone who bought at 20c or more in lead up to MK 1 who have been smoked and diluted massively so are not touching us with a pole and crazy CR's especially the last one which IMO has us where we are and not high 20c.
Fact is if we get to the AGM, next Friday, none of the SI will vote to convert and we will have raise half of what we were after...... IF they do they will dump in to any good news killing any run we do get.
I can not begin to tell you how poorly thought out this last CR was and how the issuing of 25 million more shares could have avoided the problem entirely. Yes it would have required an EGM but so what this lot does too but this lot get to make a decision based on actual drilling reports.
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