Yep. If you are looking for Mongolia, IVN is the play. In addition to OT and IVA, IVN also own 66% of South Gobi Mines (1878 HK) which is a coal producer in Southern Mongolia. South Gobi, in turn, owns a big chunk (can't remember exact amount) of Aspire Mining Ltd (AKM:ASX) which has 330Mt of high quality coking coal in North Western Mongolia. So it's all pretty incestuous, but IVN is a good way to get exposure to Mongolia PLUS you have the prospect of RIO taking them over.
IVA Price at posting:
$1.53 Sentiment: Buy Disclosure: Held
