Standstill Ending Might Break This Wide OpenOnce the standstill agreement ends with CITIC then Citic can buy shares on the open market. RF can not buy shares because he still has a standstill agreement with our other Chinese partner, i think untill 2026 I believe.
It would not surprise me if you start to see the volumes pick-up after Jan 8/23 as Citic would be foolish not to buy as many shares as they can. Unless there is something in writing that they can not buy shares then they might just buy as many loose shares as possible...............why not!!!!!!
Citic is a TRILLION dollar company so buying IVN shares would be a nothing event.
The price of copper is going up and IVN's shareprice could dramatically go up with everyone trying to get control of tier 1 mines .....................and IVN has a few of these tier 1 mines and deposits.
Not sure how to play it but the last thing anyone should be thinking of doing is selling. Things are going to start to be very interesting with a mine grab going on everywhere.
This could zoom to $20.00 plus dollars very quickly.
Alot of companies that need metals are going to be s hit out of luck and many metals are going to hit new all time highs and keep going higher. There's no magic bullet here to increase production fast.
10 to 15 years to get a tier 1 mine up and running. IVN could not be in a better position at this point in time
Dumb old Elon Musk should have put his billion he spent on Twitter into IVN. Any % of ownership within IVN would have been very smart, and Elon needs metals for TESLA. What a dumb move that was.
Sit back and watch the gong show unfold. No one, and I mean no one is going to out smart RF.