RE:Game is upMetals markets are certainly not in corrective mode. Zinc is up another 4 cents today to $1.63. I can no longer calculate NPV because tables in the recent PFS for Kipushi only go to $1.40. Copper is flat at $3.19. The recent 100,000 tonne increase for on warrant LME stocks has not had any noticeable impact on price. The copper market is still expecting a deficit going forward. Platinum and palladium have topped out for now. The good news is SA needs increased tax receipts, and is considering a more hospitable regulatory environment to attract investment.
I prefer a break in the seemingly endless optimism from the broader market. It's not a full retreat as you're making out, Venture Trader. I was worried that if the current trajectory continued unabated, we would have been looking at a sudden 2000 to 3000 point drop in the Dow somewhere down the line. They can't just keep climbing a thousand points every couple of weeks. That would be undesirable and dangerous.
The best news is that the US and wider global economy have finally moved beyond second gear and into drive. The USA is looking at the best economic outlook since the early 70's, very low unemployment, combined with genuine long term business investment, which has been lacking until recently. The only dark spot is the EU. Despite massive QE, super low interest rates of -0.4% (Yes, that's a minus. Believe it or not, they'll pay you to borrow money), and very heavy deficit spending, they can't seem to gain more than short term traction.
Aside from Europe, which really doesn't concern IVN, I don't see where you're coming up with $2.50 share. Based on what? Do you have any detailed technical analysis to demonstrate why this is the likely outcome?