Ivernia Inc IVWFF

RE: Is this correct?

[ElJ]

Sebastion, You asked "My question to you guys is whether these assumptions and numbers is correct? Total costs: $0.50 pound or $1100 T Lead price: $0.75 pound or $1650 T......." As a new poster to this BB I respectfully caution that the $0.50 cost figure that you outlined above(which you may have picked-out from Q3,2006 report), needs to be carefully understood. It does not represent total(all inclusive) production costs per pound for Ivernia lead in Q3, 2006. I recommend that you review carefully post ID13607497 dated Nov. 20,2006 for fuller details on what is, and is not included, in that $0.50..... In respect of the regular posters here, I will be happy to discuss via message inbox, any questions that you may have following a look at that old post, so that we do not get repeated details here. I also recommend a look at the entire year 2006 Price of Lead chart, where the low $0.40's apperaed in late June as well as a brief rise into the very low $0.80's during the first couple of weeks of December'06. I anticipate that Ivernia's net earnings in Q4,2006 will be a very pleasant surprise to many(best quarter by far in the year 2006 and we know that Q1,2006 earnings per share were $0.03) and so I am not trying to discourage your interest, but to help you dig a little deeper and understand the published costs better, Peace, Good Decision-making to All, ElJ