Ivanhoe Mines Ltd. T.IVN

BMO re Power Interruptions

[guarantor1]

Bottom Line:
Q1 production of 86,203t of copper in concentrate is close to our expectation of 93,000t
as the mine was impacted by previously disclosed power grid instability. The company
continues to focus on parallel initiatives to stabilize power availability over the balance
of 2024. Notably the Phase 3 expansion is 92% complete and ahead of schedule with
commissioning now expected in May instead of late Q2. Ivanhoe is extending its track
record of delivering or exceeding expectations as one of the few growth names in the
copper sector.

Key Changes
Estimates Q1 / 24E 2024E
CFPS $0.15
Previous $0.16
EBITDA $76 $500
Previous $88 $512

[guarantor1]

Love this part from the BMO update "Ivanhoe is extending its track record of delivering or exceeding expectations as one of the few growth names in the copper sector." When a sector takes off, the Big Guys move first - like a Southern ($85B Cap) and a  Freeport ( $70B) is doing Followed by the Growth Stories...and guess what ? There basically is only one growth story in the

[Cobalt]

Big guys move first, wonder what explains CS beating everyone?

[cashtango00]

You can definitely make the argument big guys move first due to liquidity, but you can also make make the argument that leverage helps juice performance when the underlying commodity is trending in the right direction.  CS definitely uses substancial leverage ( although i don't think overly) in its structure providing more torque in a strengthening copper  market.

[Potadvisor1]

Give IVN a year or two and WE will be the BIGGEST OF THE BIG GUYS. Every fund and Institution will WANT TO AND WILL HOLD OUR SHARES even once we are PAST $40 DOLLARS. In actuallity, that is when you will see the BIG INSTITUTIONAL INVESTORS drive the stock price to 50, 60 70 DOLLARS or more. Hey if the orange face chump stock can trade at over 16000 TIMES earnings or a LACK OF, THAN  WHY CAN

[crow27]

These power interruptions will soon be a thing of the past. When IVN says they are going to do something .......................they do it. And lets not forget ...........................on time and under budget And lets not forget that most of their projects come in ahead of schedule. Sounds like they will have way more power than they need. But you know IVN ..................all that extra power

[guarantor1]

You are absolutely right Crow, And besides that, production lost because of power issues, will have ben deferred into Q1 and beyond, Which has, and  will have a significantly higher CU price...so it all works out , eh

[crow27]

People get bent out of shape for all the wrong reasons. Stick with the best miner out there as IVN checks all the boxes for huge success going forward. As time goes on this company will be worth multiples of todays share price. Just sit back and watch it happen. Who else out there can truly match what they are doing and are about to do. The answer to that is very simple ...........................