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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
Comment by Homeboneon Jun 29, 2017 11:24pm
257 Views
Post# 26422701

RE:One Positive Note

RE:One Positive Note

Once again, you are referring to the Kamoa PFS results. This came out March 2016. Last time I checked it was June 2017 and the 2016 Kakula PEA (released in January 2017), has the updated economics.
 

Stop trying to mislead everyone here.

Go to page 494 and look at the AFTER-TAX Cash Flows of the 4+4 scenario. Years -4 to -1 show cumulative negative cash flows of ~$1B (this was the previous resraint on capital costs) and years 1-3 show cumulative postivie cashflow of $850M, so this looks bad right? 

Year 4 we generate $314M

Year 5 we generate $933M

Year 6 we generate $1B

Year 7 we generate $1B

Year 8 we generate $1B

Year 9 we generate $1B

Year 10 we generate $1B

then for the following 10 years we generate ~$790M in after-tax cashflows EACH year.

Sounds like a pretty crappy project Bloom, I wonder why they are moving it up to 6 + 6. Probably have a negative effect on the economics right?

C'mon man.

Bullboard Posts