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2.50% 8.2¢ indiana resources limited

Ann: Tanzania Provides Undertaking to Pay Award Debt, page-59

  1. EnronHubbard
    26 Posts.
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    28/12/23
    10:43
    Post #: 71638723
    Congratulations to IDA shareholders on the win over Tanzania. I am visiting you from the message boards of the London Stock Exchange - I am a longtime shareholder of Litigation Capital Management (LIT), which funded Indiana's claim. It seems we will all make money from this win!

    I'm considering buying a few shares of IDA as well. By my rough math, maybe $30-40M USD will be returned directly to IDA shareholders - is that in line with what you all are seeing?

    Does the company carry a lot of debt? I didn't see the enterprise value listed in their most recent presentation.

    IDA Price at posting: 7.2¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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