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 Sep 06, 2019 12:11pm

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Post# 30102669

RE:RE:RE:Platreef NPV up by 65%

CashTango,

They may not have to finance Platreef at all. If shareholders are patient, all these projects can be financed through internal profits. The grades and tonnage at Kamoa are crazy. There will be tremendous internal cash flow, so why the rush to incur debt? The Company is entirely debt free. I don’t know what the plan is, but to me it makes sense to develop Kamoa first, taking advantage of high copper grades, high tonnage, then proceed to the other two projects.

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