IDA 2.06% 9.9¢ indiana resources limited

Their hearing is in December. So they likely 10+ months behind...

  1. 9,438 Posts.
    lightbulb Created with Sketch. 460
    Their hearing is in December. So they likely 10+ months behind IDA (not counting the holiday period). Unfortunately their litigation terms are not as good as IDA (fund taking 30%), they are essentially an illiquid shell with no cash with a potentially good case. Should still provide a good upside, albeit more risk.

    Still probably a better bet than Raper's CMD (IMO) which still has a very long road ahead with no litigation funding, ongoing exploration expenses & overheads and hasn't even started the arbitration process.
 
watchlist Created with Sketch. Add IDA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.