IVA inova resources limited
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IVA likely on the radar for SOL (owner of Exco Resources) and...

  1. richrichie
    3,394 Posts.
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    29/07/13
    20:01
    Post #: 12125821
    IVA likely on the radar for SOL (owner of Exco Resources) and OZL.

    OZL lost out on Northparkes. They are in deep sh1t, which they will desparately need a replacement for Prominent Hill and Carrapateena is deferred.

    IVA is heaps undervalued compared with SFR, I can't see OZL paying $1b for SFR when they can't even beat the Chinese for Northparkes which is only $820m USD.

    IVA Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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