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 Feb 13, 2019 2:40am

174 Views

Post# 29356625

RE:RE:RE:sudden surprise move up again

You’re right, Chintzy. IVN does have 40% of K-K. It’s a JV. For some reason, this has slipped my mind before.Thanks for the correction. Sorry!

Then you’re actually looking at US$2.16 share at after tax NPV8 for a 6 Mtpa mine at Kakula. This is slightly below the current share price of US$2.40. For the 18 Mtpa mine NPV boosts to US$4 share. These are still strong numbers, which don’t include Platreef or Kipushi.

NPV is calculated when construction begins, not production. It discounts for the time value of money, and the clock starts running as soon as major construction begins. In this case the project is penalized (discounted) at a rate of 8%. Actual cash flow is quite a bit higher.

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