Nevada Iron
Lower Ground Floor, 57 Havelock Street, West Perth, WA, 6005, AUSTRALIA
Overview
Nevada Iron Ltd (ASX Code: NVI, TSX Code: NVR) is an Australian based resource company focused on the development of the Buena Vista Iron Project, which is located in Nevada in the United States. The project has established JORC magnetite resources and reserves from which an average of 1.75 million wet tonnes per year of high grade magnetite concentrate are projected to be produced for an initial mine life of 10 years.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Mining
- Mining Technology
Investment portfolio
- SportsHero
Led · Equity · May 2016
SportsHero is an app for sports fans to make match predictions with virtual-currency wagers and to subscribe to or sell tips. The service is available on iOS and Android and borrows mechanics from the team’s earlier product, TradeHero. Users can earn money by charging $2/month for tips, with subscription revenue split 50/50 between SportsHero and the tipster. TradeHero’s user base and experience provide distribution leverage: TradeHero has over seven million registered users while SportsHero reported around 250,000 users. The team initially focused on football (soccer) and plans to add basketball, tennis and cricket for its target Asia‑Pacific market. The company is run by Dinesh Bhatia, who said he will devote roughly 90% of his time to SportsHero. SportsHero currently links to gambling sites but does not itself facilitate gambling.
Team
No current team members are available.