Ivro, page-10

ivro is all time value at the moment... intrinsic value is nothing yet..

an excellent bet if IVR rises quickly over the next 12 months, not so much if IVR stagnates and time value wears off

IVR need a fully diluted market cap of approx $60M to give ivro intrinsic value.... this would not be difficult if any of these targets hit high grade mineralisation.. and that makes the oppies interesting because of the long time value compounded by the potential short to medium term price catalysts..

If the options become 'in the money' within 12 months, holders will be handsomely rewarded with a time value premium..