R. Friedland says Kamoa at very bottom of world cost curve Following excerpt is from:
On the Kakula Copper Strike
Robert Friedland, Executive Chairman of Ivanhoe Mines Ltd.
15 December 2016
You know, when you have extremely high grade – no one pointed out that – your mill has a very small footprint. You use less cement, you use less steel, you use less electricity, you use less of everything because it's very high grade! And so, nothing can compete with this, and the only mining share I recommend you buy is something at the very bottom of the world cost curve.
Well, ladies and gentlemen, let me tell you, this mine will be at the very bottom of the world cost curve. The talk can be read in its entirety at the following link (Thanks to ursusbrumae)
https://www.stockhouse.com/companies/bullboard/t.ivn/ivanhoe-mines-limited?postid=25961738#JsRmTIxEjszeIF8y.99