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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

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.


TSX:IVN - Post by User

Bullboard Posts
Comment by VOKBLVRon Jul 15, 2016 7:10pm
274 Views
Post# 25057796

RE:RE:this would be a five to ten dollar stock if the properties..

RE:RE:this would be a five to ten dollar stock if the properties..Hi TickerTwit, In order to do a cash flow projection you require a project that has definite plans over a defined period of time. I think you are way too early to do a meaninful projection for either  Kamoa, Kipushi, or Platreef. Their will be negative cash flow for the next three years at Platreef (as per yesterdays announcement), Kamoa is in feasibility and probable earliest production would be 2018 or 2019. Kipushi is probably the closest to production but I am unsure if there is still a processing plant available. The cash requirements for Ivanhoe are such  that Freidland has positioned Ivanhoe such that any cash required as part of the construction financing will be coming from the partners rather than from Ivanhoe. If Kamoa grows with the recent additional discovery I am certain that the value of Ivanhoe just skyrocketed. The stock may catch up sooner rather than later (I hope).I think that with  Freidlandsw past record- there will be a buyout at some time for at least one of the projects and I am sure  the shareholders will benefit. GLTA and DYODD
Bullboard Posts