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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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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.


TSX:IVN - Post by User

Ivanhoe Mines Ltd. > Convertible Proceeds
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Comment by rexrexon Mar 15, 2021 4:40pm
300 Views
Post# 32801153

RE:RE:RE:RE:RE:Convertible Proceeds

RE:RE:RE:RE:RE:Convertible ProceedsHalf a billion US dollars unsecured is no chump change. Someone is willing to bet on this mine, and willing to pay premium. Only two types of entities will do this. Entity 1, clearly needs the metal for their Electric Car company or Entity 2, a fund which is willing to pay premium at $9.30 a piece knowing the the company is worth 4 times as much. It's either one or the other. We shall know in a day or two. Cheers.
Tothemoon2 wrote: That's the problem.  A 22% premium from the closing price before the announcement.  With all the positives headed Ivanhoes way seems like a win/win for the bond buyers.  Granted getting diluted at 9 something a share is better than getting diluted at what was it $3.96? to the Chinese.


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