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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

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.


TSX:IVN - Post by User

Bullboard Posts
Post by mudguyon Dec 09, 2016 7:46pm
284 Views
Post# 25579058

Bernstein

BernsteinI"ve been poking around looking for the Bernstein report.  Nothing yet- any leads?

They are quoted in the IVN corporate presentation twice, both quotes from Feb 2015 and very strong in terms of Platreef and the DRC properties. 

I'm thinking that this is the first analyst that put the pieces together and came up with a post-Kakula NPV, and  also revalued Kapushi based on the comments from the Conference Call where Freidland basically called it the richest body of ore on the planet (and he is probably right).

I compare that with RBC, who basically did nothing to their model and NPV when the Kakula resource came out.  That amounts to a zero incremental valuation for 40B lbs of Cu eq.  


Bullboard Posts