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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 entrdisplaynameon Mar 29, 2018 9:32am
164 Views
Post# 27801443

RE:I spoke with Investor Relations on the phone yesterday

RE:I spoke with Investor Relations on the phone yesterdayAwesome insight and thanks for sharing. regarding your third point, goodluck trying to get that across to some people on this board (@69chevelle) because i've been harping about this for literally months. Hopefully when they read your post and see this is coming from Bill Trenaman, theyll finally smarten up (but i doubt it)

Some people still dont understand that IVN isnt producing any cashflow and for some reason continue to compare it to KAT (producing cash flow through copper and mainly cobalt mining) or other companies like FM and HBM or other miners yet theyre all producing...

The thing people still dont understand is that when 1/2/3 of the mines are in production, they are all at the bottom of the cost curve and at the higher end of the profit curve (high grades). REgardless of how the DRC mining code pans out, IVN will be a winner. If for some reason IVN cant produce a profit under the new mining code, that means no other company will be able to.

Common sense will prevail, the DRC has infinitetly more to lose than us shareholders. 
Bullboard Posts