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.

TSX:IVN - Post by User

Ivanhoe Mines Ltd

Bullboard Posts

Comment by bloomfield18on Feb 06, 2018 9:57pm

165 Views

Post# 27516120

RE:Putting a Floor on the Down-Side

Richard,

That doesn't even make sense. KAT is a pure Congo play, probably has an NPV8 of less than zero, yet has been assigned an enterprise value of $11 to 12 billion CAD. Why does KAT get an enterprise value of $11.5 billion at NPV 8 < 0? And IVN is assigned nothing, even though NPV8 for Kipushi + Kamoa-Kakula = $7+ CAD? Why set an arbitrary floor at Platreef in isolation that doesn't apply to any other company?

Note: There is no economic analysis for KAT, but with nearly $8 billion in long term debt and current liabilities, I have reason to believe it's negative, representing a destruction of capital in terms of present value. Their most recent study has the heading Economic Analysis, Section 22. It's the only section left blank in the entire report.

Bullboard Posts

The top 10 Canadian medical stocks