That was all very good news for IVR holders IMO.
We have no idea of grades but it's promising that the IVR geos are putting on a positive spin ie Alexander is looking like an extension of Paris.
I agree with Mal 100% that the soft or void filled geology that causes drilling issues has always been an indicator of excellent grades. If this is truly like Paris we should expect some outstanding results in the next 2 months.
Somebody mentioned a Sirious like rerate. I doubt it. IMO Sirious is a one off. The fundamentals for the initial rerate of Sirious was IMO no better than this announcement but the starting position was extremely low. It's not the case with IVR but I think there is still much room to move up in the next 2 months.
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