IVA has supposedly outplaced a lot of technical staff in the...

IVA has supposedly outplaced a lot of technical staff in the past two weeks and put its feasibility study on hold.

The former is a shame, the latter was a joke any way.

Trading at closer to 20 cents makes it closer to trading at cash backing with way sub economic resources. Mt Elliot operations were recovering 35copper when Australian Resources went into receivership.

Requires a fair degree of imagination that bulking up tonnages underground at Mt Elliot will make grades sub 1% economic. Even Isamines is 3%.

No wonder less than 1% of the share register is Australian.

Would have thought this wins the worst float of the year hands down. IPO in September at $2.00, now less than 30 cents. Geez-and still over valued!LOL

Cheers,TAS