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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
Post by bloomfield18on Feb 06, 2019 12:20pm
192 Views
Post# 29326716

NPV8 = $11.50 Cad share for 18Mtpa mine

NPV8 = $11.50 Cad share for 18Mtpa mineThat’s for $3.00 copper, 80 cent CAD/USD. For today’s current price of $2.75 lb Cu:

NPV8 = $9.40 Cad share

These are discounted after tax values. After tax cash flow is way higher. At the current copper price of $2.75 lb, cash flow is $40.36 B CAD for life of mine. However, if copper rises to $4 lb, this increases to $80 B CAD. That is a truly astronomical value. This NPV is just for the K-K project. Kipushi and Platreef will add additional value. For investment purposes, NPV8 of $9.40 CAD share @ $2.75 lb copper is probably the best value to use. It’s conservative without going overboard. After tax NPV8 is a fairly hefty hurdle; one most mines are unable to achieve. This is what I mean when I said what is true in general for the often marginal mining industry, is not necessarily true in the particular. Kamoa-Kakula is sui generis, in a class all it’s own.

Bullboard Posts