IDA 1.03% 9.6¢ indiana resources limited

Ann: US$90 Million Settlement With Tanzania, page-56

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  1. 455 Posts.
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    Correct. Litigation funders have their own investors to keep happy and have funded this litigation for years - they would never take on cases like this without the ability to call the shots on the litigation, and rock solid provisions for getting paid.

    I am surprised that so many posters are down on this deal - how many microcaps have received a direct cash injection of 1-2 times their company's worth, without any dilution, translating to a dividend probably equating the value of shares held ? You wouldn't get that from BHP, RIO, S32, even FMG in a million years. It's the deal of the century.
 
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