Figure 1: Page 2 – compare that model to Feb of this year and...

Figure 1: Page 2 – compare that model to Feb of this year and the story looks fantastic. Western sheet – still open and looking the goods. CFZ – actually more to it than first thought. With the addition of a new target sheet this is a cracker of an ANN. The Grades are very, very good. I would be surprised if the market reacts poorly this time around.

The delay in JORC is disappointing and unfortunately, true to form. However, we will see “progressive” release of information from now until the end of November which is what is needed to get IVR firing properly.

For those of you new to the stock, if IVR trades as it has done in the past don’t expect a massive leg up today – more a gradual increase over the rest of the week.