RE:RE:I calculated NPV for Icanhoe Mines at $CDN 7.05 per shareIt is always fun to speculate on a stock's value, but the market value is what really counts. With regards to IVN, the location of the discoveries play a huge role in determining what the market considers as fair value at any point in time.
With the current DRC political situation,investors are not all that eager to increase or take a position in IVN. The Platreef project is a little more stable but is also subject to potential political unrest.
For now, I do not plan to increase my holdings but certainly would not want to be out of the stock considering the three world class discoveries and the huge potential they offer.
I am anxious to examine the upcoming releases, but until there is more political stability, my expectation is for the SP to remain in a fairly narrow range.
GLTA