Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by bloomfield18on Feb 16, 2018 2:22pm
231 Views
Post# 27574056

Total Resource Summary

Total Resource SummaryPlatreef Feasibility: 94.7 million oz 3PE + gold, 3 billion lbs copper, 5.88 billion lbs nickel, all at a 2 gm/tonne cutoff. 3PE + gold is now $1000+ per oz, and includes both indicated and inferred. Reserves are limited to the Probable category and so are far lower at 15.23 million oz 3PE + gold, 402 million lbs copper, 670 million lbs nickel. Much of this resource can be converted into reserves down the line. Important to remember resource is still open for expansion. It's a lot more valuable than the official NPV base case value would suggest. I still believe NPV is the best measure, so long as you remember abundant additional resource will eventually be converted to reserves, positively impacting the bottom line in a major way. IVN owns 64%

Kamoa-Kakula PEA Jan 2018: For the 12Mtpa mining scenario, recovered copper over life of mine is 31.58 billion lbs. Kakula is still expanding, and an additional 5.5 km of strike has yet to be added to the resource. IVN owns 39.6%

Kipushi Prefeasibility Jan 2018: Recovered zinc LOM 5.45 billion lbs. This resource also continues to expand. IVN owns 68%

IVN market cap is now $2.04 billion USD, with an enterprise value of under $2 billion. As these projects advance to construction, and Congo issues finally resolve, share price can't help but move irresistibly upwards in response to this vast latent potential. This assumes metals prices hold or improve.




Bullboard Posts