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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

Comment by rexrexon Mar 15, 2021 3:27pm
207 Views
Post# 32800598

RE:RE:RE:Convertible Proceeds

RE:RE:RE:Convertible ProceedsI think whoever bought the bonds wanted a seat at the table. It could very well be an EV maker given the assets in DRC and South Africa are integral for the survival of a big EV Company. I see IVN in the share price range of Barrick Gold in the not too far distant future. A threefold appreciation !!! and I believe whoever bought the bonds doesn't care about the 2.5% return, they want to convert the bonds to shares at $9.30 a piece just to have a say to secure supply agreements (a premium of 30% from today's share price). Please note that this is only my assumption, I am merely speculating here. Thanks.Rex
Tothemoon2 wrote: When will we know who got the opportunity to buy the bonds?  Until I know who purchased them I will consider this transaction shady.  Still long and plan on staying that way though.


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