IVA
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0.00% 21.5¢ inova resources limited

Ann: Anticipated Impairment of Osborne Copper-Gol, page-4

  1. colinchi
    8,033 Posts.
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    02/08/13
    16:12
    Post #: 12148367
    re: Ann: Anticipated Impairment of Osborne Co... RMS has a market cap of $47 million
    $37 million cash no debt
    Impairment to be $58 million

    IVA has$37 million Cash in the bank and low cash burn now
    The impairment of $40 million is nothing
    Assets are valued at $315 million ATM
    Market cap $120 MILLION

    Balance sheet looks good
    Company looks better than a year ago
    Bought more today
    IVA Price at posting: 16.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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