This Quote from Trip deserves some thumbs up: IVN HITTING NEW ALL TIME HIGHS DAILY
IF COPPER DOES GO TO 20,000 DOLLARS PER TONNE, IVN IN 2024 BASED ON THEIR 40% OWNESHIP AND PRODUCTION RATE OF 480 MILLION POUNDS WILL HAVE AN EBITDA OF 4 BILLION SO ABOUT 3.36 EARNINGS PER SHARE. WOWW NOW IF YOU LOOK AT FCX, IT TADES AT A PE OF OVER 90. THAT WOULD PUT IVN CLOSE TO 300 DOLLARS PER SHARE. HECK I WOULD BE HAPPY WITH A LOW PE OF JUST 30 AND IVN WOULD STILL BE A 100 DOLLAR STOCK. NOW THAT IS ONLY OUR 3RD EXPANSION AND WE HAVE 2 MORE AFTER THAT. OUR RICHEST PT/PD MINE WILL STAT PRODUCTION THAT YEAR AS WELL AND OH MY HOW HIGH WILL WE GO ???? ANY WF DISCOVERY CLOSE TO WHAT K&K IS, ALL BETS ARE OFF THAN.