The key for these deposits, as with all mining is grade x...

The key for these deposits, as with all mining is grade x meters, metallurgical recovery and financing. If youve been around a while, discovery metals had the boseto complex in the Kalahari copperbelt which looked promising curca 2013 from memory but failed spectacularly on poor modeling of the transitional ore and the recoveries from that zone which coincided with financing burden. However, they were bought up by a PE firm which, blended and designed mill throughput more proficiently in combination with other regional deposits, I think it sold for 2.5 billion recently. Look up khoemacau in botswana. In some forms they can be quite narrow but higher grade, like the walford creek project from aml (but check out that strike length along the fault!) or the northern fault bound extension of Kamoa.

IVR is in a great district re permitting risk, however at this stage whether or not Discover Co (who Id guess are in the drivers seat for project management) have the geological and financing nous to bring this to fruition is a huge risk. Should a deposit of significance be delineated, Id guess IVR would be bought out. Do you reckon they would then return that capital to shareholders? One lives in hope.