Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.

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Ivanhoe Mines Ltd.

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Comment by carinthianon May 26, 2015 7:54am

160 Views

Post# 23763901

RE:As I understand

I think I have to correct myself not to mess up USD and CAD - in USD my calculation is as follows:

Moneý and short term investments as of 31st of march 2015: USD 124mio
9.9% stake of Zijin: USD 85mio
Money for Kamoa: USD 412mio
=> USD 621mio

USD 250mio for getting Kamoa into phase I (=17,5% of initial capey in PEA - assuming PEA numbers work out)
USD 40mio burn rate for April and May (hope 20mio USD/month should be sufficient)
USD 31mio fees and stuff for setting up the deal and maybe some excess capital for Kamoa
=> 321mio to deduct

resulting into USD 300mio for forwarding Kipushi and Platreef.

Just my personal thoughts. DYODD
carinthian

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