Ivanhoe Mines Ltd T.IVN

RE:With $4 copper is $10 SP warranted...

[newdaydawning]

newdaydawning wrote: ...by July when production begins?

Here's Topadvisor1's answer to my question:

newdaydawning, If copper by end of 2022 is ONLY at 4 dollars, than IVN based solely on earnings, will be producing 7.6 m million tonnes at 6.4% grade which equates to 140 pounds per tonne.
simple math really. That is 1 billion 64 million pounds. IVN OWNS 40 % OR ABOUT 400 MILLION POUNDS. Our onsite cost is about .50 cents so we will have earnings of about 3.50 per pound.
400 million pounds times 3.50 is 1.4 billion dollars earnings. divide that by our 1.2 billion share sout and we get about $1.16 per share. Aveage PE for a base metal mining stock is about 18 and for a great deposit past 20 so you can say JUST BASED ON OUR SECOND EXPANSION ONLY, WE SHOULD BE AT BETWEEN 20.88 TO OVER 23 DOLLARS. NOW, DID YOU FORGET 3RD, 4TH AND 5TH EXPANSION ??? WF, LOOKS LIKE WE HAVE AT LEAST 2 TO MAYBE MORE DEPOSITS GROWING THERE, WHAT ABOUT PLATREEF, KIPUSHI ??? HOW CAN YUO SAY 10 DOLLARS ???? EVEN GARBAGE STOCKS TRADE AT MORE THAN THAT. WE ARE THE BEST OF THE BEST OF THE BEST. IF YOU THINK 10 DOLLARS IS ALL YOU CAN MUSTER, I SUGGEST YOU SELL AT THAT TIME AND WATCH SOME OF US RIDE IT IN THE NEXT 3 TO 5 YEARS TO HUNDREDS. YES HUNDREDS. HEY SUIT YOURSELF. PEOPLE LIKE YOU DIDN'T GET TESLA EITHER AND IT TRADES AT A WHOPPING 1200 TIMES EARNINGS, SINCE THEY ONLY MADE .63 CENTS. IF IVN DID THAT, WE WOULD BE AT 1200 DOLLARS. DON'T FORGET, GM, FORD, TOYOTA, JAG AND ON AND ON ARE GOING ALL ELECTRIC BY 2030/35. ZIJIN ON HONG KONG EXCHANGE TRADES AT A PE OF OVER 60. DO WHAT YOU WANT BUT THAT IS ALWAYS THE PROBLEM ON IVN SITE, MOST DON'T HAVE A CLUE JUST LIKE RF SAID. HE IS RIGHT
WE WILL BE ON THAT EXCHANGE AS EARLY AS THIS YEAR.