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 bloomfield18on Jan 31, 2018 10:22pm

194 Views

Post# 27476273

RE:RE:NO PROBLEM. They want to chrge 50% as a super tax

Luxor,

The new KAT reserves can't possibly make up for the unexpected 10% royalty on cobalt. And cobalt price is probably already in range for the 50% windfall tax. And remember they have nearly $8 billion in debt and liabilities, with 1.9 billion shares out. The discrepancy between IVN and KAT share price performance today is inexplicable by rational explanation.

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