I hear you there, pooh bear. However, IVA did discover the world's highest grade molybdenum-rhenium deposit. I'll tell you what- if you find a higher grade, I'll take back my "world class" call. If you look back on the media in 2009, which is when it was found, it is seen as better than SFR's find. SIR was not "invented" then. "World class" has to be called by others than the own company, which is where CDU falls down.
RIO wanted Ivanhoe, the parent, and inherited IVA Australia. It has still been supportive with the most recent capital raising, so it is not gone.
If you are bearish on IVA at this share price/market cap, I'd be glad to know why. I am not yet a buyer, so all opinions welcome.
IVA Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
