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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 bloomfield18on May 24, 2017 11:08am
276 Views
Post# 26277333

RE:RE:At 21% of Profits NPV drops to $1.414 billion

RE:RE:At 21% of Profits NPV drops to $1.414 billionGoing Deeper,

I haven't looked at Kamoa in awhile. I just looked at the economic analysis and found it wasn't all that profitable.And of course I'm conservative. As an investor it's my job to remain skeptical. The company needs to prove in their economic analysis that they are a good buy. I don't want to hear about billions of pounds of this or that. I want to see the bottom line. It's not my job to sell the company to myself.

That said, RF has done a terrific job of creating shareholder value. Some of the expectations here are unrealistic. For example, I came up with an NPV of $4.93 USD share, assuming 25% of the profit. To the insecure fanatics in this forum that made me a basher, because I'm not going along with their sky is the limit scenario. This is a good company with very solid prospects.


Bullboard Posts