Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.

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Ivanhoe Mines Ltd

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Comment by stockman6767on Dec 14, 2015 1:44pm

115 Views

Post# 24382749

RE:Pro forma the ZIJIN deal, is IVN undervalued at C$0.64?

Perdi, I imagine the US$560M is IVN's share of the KAMOA development cost and not the total, as now that ZIJIN owns about 50% they will have to cover 50% of that development cost.

Of course your conclusion that IVN is not cheap at C$0.64 per share is FALSE as that gives us both world class developing mines, KIPUSHI and PLATREEF for FREE - zippo - nada. I would love to get such great potential mines for free!

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