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Bullboard - Stock Discussion Forum 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... see more

TSX:IVN - Post Discussion

Ivanhoe Mines Ltd. > Phase 4
View:
Post by BeingCensored on Jun 11, 2024 11:05am

Phase 4

Is this correct?   "the planned Phase 4 expansion is expected to be completed by the end of 2024."
Comment by cashtango00 on Jun 11, 2024 11:11am
No, that's impossible.  I saw that and its an error.  They mean they will have a decision to move forward on phase 4 by year end.  Phase 3 is just ramping up and they haven't made the call on 4 yet and it takes over 12-16 months to build out
Comment by NotSoBrave004 on Jun 11, 2024 11:26am
Read the beginning of the sentence: "An updated life-of-mine integrated development plan for the Kamoa-Kakula Copper Complex,..." The plan will be ready by the end of the year, including all the listed components. No error, just read carefully.
Comment by Zaccar1 on Jun 11, 2024 12:28pm
You are correct, what will be completed by the end of the year is an updated plan, the quote reads correctly, it was obviously misinterpreted by the first poster, grammar is important, cheers
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