IVA inova resources limited

ozl - as a potential acquirer

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    With RIO likely to focus its funds on the Oyu Tolgoi project, RIO is likely to divest its 59% in IVA (held from Ivanhoe Mines).

    OZL with a depleting Prominent Hill and Carrapateena not ready for production until post 2016.

    IVA is already in production with a long life mine in Conclurry, which neighbours Xstrata.

    IVA should be ripe and easy for a change of ownership and better suited with a smaller miner but growing, like OZL.
 
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