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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. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Post by crow27on May 10, 2021 3:39am
326 Views
Post# 33163234

DRC Owns Zero % of IVN

DRC Owns Zero % of IVNThe DRC owns zero % of IVN. They do however own 20% of KK. I agree that if something is going to be mined/built on the WF property then the DRC would most likely get a 20% slice of that  property also.
If another Majjor company made a big bid for WF or IVN as a whole then of course the Chinese own 39% of IVN so they of course could vote against it but they would need to secure more votes from somewhere. It is not a slamb dunk for China.
You just don't know how this really will go down but no one is going to steal anything from anyone. Who ever ends up with WF or IVN as a whole is going to pay big time.
If RF votes against any deal then most likely a very big crowd will probably vote with him, even if China likes the deal. The crowd knows RF knows the real value of this company so why would you vote against him??? Of course China may think differently but it's only 39% folks.
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