re: Ann: Ivanhoe Australia secures US$50 mill... Could be,...

re: Ann: Ivanhoe Australia secures US$50 mill... Could be, SandBagger, but I don't think Ivanhoe wants IVA at all- in any state.

This loan just shows Ivanhoe is still in support- it has to be- they control IVA's Board.

IVA unlikely to go broke, imo- it has $50m cash and now $50m debt. As it has said, it has repaid loans To Ivanhoe in the past.

As a near-orphan, though, it needs a new parent. OZL should take it. IVA is getting cheaper by the day, and with most shares being owned, and M&G buying more, it can have vast SP wobbles- mostly to the down side these days. Definitely going to present value soon to a suitor, I reckon.