about to raise capital?, page-6

Moving forward

That's what IVA is doing
raise money for

Ivanhoe Australias CEO, Peter Reeve commented, This Equity Raising will facilitate
Ivanhoe Australias development plan, including planned first production of
molybdenum and rhenium ores from Little Wizard in 2011, and Merlin during 2012.
The Merlin deposit is the highest grade molybdenum and rhenium project known in
the world today, and we expect that ongoing development will deliver value to
shareholders. The Equity Raising includes a free attaching Option, reflecting our
belief that there is significant upside in ongoing development and further
exploration.