Post by
crow27 on Dec 08, 2023 7:56am
Fair Value
I think we all can all agree that IVN is not trading at fair value when you consider their production numbers, low all in costs, tier one mines coming on line next year and of course WF with most likely many more tier one mines being discovered.
A buyout of IVN as a whole would bring fair value as a value would be given to every aspect of their operations.
In time the SP will increase but a buyout would really shoot this stock higher. I also agree that a NYSE listing would help the cause.
One thing for sure is that 2024 should be very exciting as anything can happen and probably will. The stock should be trading in the $15 to $20 range soon enough.
Comment by
BeingCensored on Dec 08, 2023 8:10am
Absolutely. From November's photo gallery it says Kipushi starts up in Q2 2024. That's just one quarter away. Is that start up ahead of the previous schedule? IVN's track record to date. No hiccups, ahead of schedule, on budget . $15-20 coming soon to a theater near you.
Comment by
UNKLAL on Dec 08, 2023 10:35am
I've been in this stock for a very long time!!! (check my posts) As far as fair value; $50+ is more in line with what IVN has accumulated over the past 5 years. JMO UNKLAL