G'day zugs, totally agree, POS and POG will continue to rocket, hence I've pumped approx $500k into them now. And the uplift is only just starting, hence why I started buying into IVR, plus others numerous years ago. Taken some time to play out, as other have posted on here daily (dfl and Silv etc).
As for IVR it will get a SP lift with POS. However it will not be a mine for numerous years (atleast 5 IMO, it take approx 15years now start to finish) and a few more CRs. DFS is next end 24, which IVR BOD can control. However the mining approval is out of their control and that will take time, then they have to apply for PEPR. This typically takes 3yrs to sort. Having said that I have no doubt that they will get it as it is in the remote Galwer ranges and they have to locals on board I believe. Both bode well for approval. This was all part of my DD, and the goal posts moved once I chatted with a mate, and also experience a recent PEPR with another SA company (approved). Obviously others have different timelines, all fine. As mentioned, retired now, so ones focus changes for all spec stocks to near (or actual) mines and divi shares, so I sold out. No other reasons. Best wishes and a few other others on here.
IVR Price at posting:
6.3¢ Sentiment: Hold Disclosure: Not Held
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