ivanhoe statement, page-6

Sounds to me like they want the whole $175m paid to shareholders ?


Conclusion drawn ? IVA wont be making an alternate bid ?

And if the board agree then White dam cash flow will be all that's available for future exploration ? ( thats probably shiploads )

I think I can see why the share price got the sell the news today, until the uncertainty is resolved its probably a bit of a gamble buying now. Having said that risk reward looks weighted to the upside at sub 70c s/p