The high grade of the deposit and comparative ease of mining (it's all within 100m of surface and 70% free dig).
One thing all these other wannabes aren't getting is how easy our resource is going to be to extract compared to theirs. All well and good to quote pie in the sky resource numbers based on a handful of drill holes, but they conveniently fail to mention how deep it is and how expensive their initial capex and ongoing opex is going to be. Probably a, because there has been that little drilling done that they don't even really have a clue of the numbers themselves and b, no doubt hoping the newbies will just get caught up in the hype and fail to think to ask those questions if nobody mentions it. As I have said before it's not just how many ounces are supposedly there but how many of those ounces are they really going to be able to economically get out of the ground.
IVR Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
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