 Ivanhoe has implemented a shareholder rights plan aimed at preventing a creeping takeover.Though Ivanhoe still needs to raise billions of dollars to develop key projects it is confident that either other investors will come forward or the financing will become available (it is seeking $2 billion in financing from 13 institutions).On January 27, 2011 Ivanhoe used a rights offering to raise the $1.8 billion necessary to start development at the 66% owned Oyu Tolgoi mine.