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. > Ivanplats Platreef DFS next Tuesday? $$$

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Post by gord_boltonon Nov 11, 2020 9:16am

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Post# 31876466

Ivanplats Platreef DFS next Tuesday? $$$

Potential revenue per tonne from Platreef has been increasing significantly from the discovery & has increased significantly since last year. My own rough guesstimates put costs per tonne well under $US100 per tonne with revenue of about $US321 per tonne & profit at $US221 per tonne of ore. Just a reminder that Ivanplats was a $5.00 stock before the Congo Copper was discovered! Simply splitting the assets may give the shareholders 2 for 1 $5.00 stocks. Then the stocks will climb as production nears. Positively Bullish!