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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

Post by uudamannon Apr 16, 2021 11:28am
203 Views
Post# 33010986

IVN 40% share

IVN 40% shareLook at the upped 51% share the respective governments of Papua (Indonesia) and Papua New Guinea arranged for themselves at gun point for the gargantuan Grasberg (grass mountain) and Porgera mines respectively. It might be more realistic to look at the future with IVN owning 24.5% of the OS shares. Still d*mn good cash flows!! 

Neither Kakula or Platreef have been fully explored for good reason and not just to preserve operating cash. Western foreland similarly slow to disclosure. Never good to show all your cards at once. Shrewd management is a definite asset & currently is significantly underappreciated as indicated in the share price.
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