Ivanhoe Mines Ltd. T.IVN

Convertible Proceeds

[smocher]

BMO comments suggest Power upgrade, another phase of 3.8 production and/or smelter plant with great shipping economics. Just Brilliant RF. C$11 in Sept. JMO Smocher

[crow27]

Funny how everything is green today except IVN, which happens to be the most enviromentally green copper stock out there?

[Tothemoon2]

When will we know who got the opportunity to buy the bonds?  Until I know who purchased them I will consider this transaction shady.  Still long and plan on staying that way though.

[rexrex]

I think whoever bought the bonds wanted a seat at the table. It could very well be an EV maker given the assets in DRC and South Africa are integral for the survival of a big EV Company. I see IVN in the share price range of Barrick Gold in the not too far distant future. A threefold appreciation !!! and I believe whoever bought the bonds doesn't care about the 2.5% return, they want to

[Cobalt]

Dam good guess , Telsa had news out the other day teaming up with a miner , Nickel i believe 

[Tothemoon2]

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.

[rexrex]

Half 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

[BlackBartt]

This post has been removed in accordance with Community Policy

[Cobalt]

Did you not even look at other copper miners before stating everything is green? , basics