Its crystal clear the two tranche CRs, one at drilling commencement and one during drilling , have had a regrettable impact. I actually thought by last Friday the placement holders would have run out of ammo to de-risk. But maybe not so. looking at todays action Plus we have a skittish retail sector that panics at their own shadow. Bring on a farm-in partner which Scotty I recall was his intention once MK 2 was drilled and being classified as a discovery. Once we have one or more deep pockets cornerstone and /or strategic investors with a decent holding we can kiss good bye and good riddance to placement holders and to be honest, cull out a lot of pip trader loose hands retail holders. Once thats accomplished that will be the time when we get a share price with a growing upwards trajectory and that properly reflects true value. This is a patience game. Patience wins out in the end.
IVZ Price at posting:
20.3¢ Sentiment: Hold Disclosure: Held
