IVA inova resources limited

Low cash reserves from OZL and missed out on Northparkes and...

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    Low cash reserves from OZL and missed out on Northparkes and can't afford a $1b SFR. Makes IVA suites that criteria for OZL's target. Low sovereign risk as well. I can' see OZL going into Africa eg. DML.

    http://www.macquarie.com.au/dafiles/Internet/mgl/au/apps/retail-newsletter/docs/2013-08/OZL150813e.pdf
 
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