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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 NotSoBrave004on Aug 18, 2021 2:51pm
223 Views
Post# 33724638

RE:RE:Start of Phase #2

RE:RE:Start of Phase #2Not that the technicial expertise is irrelevant but the chemistry surrounding this intire enterprise is amazing and I attribute it to all the community improvements that make all stakeholders, especially the workers, feel amazing and want to do more and better. There is no other company like this out there. IVN is in this protective bubble of positive vibe and energy.
considering all the money that needs to be spent on future KK phases and WF, I don't think there will be much cash-flow left to report. Since the revenue will be reinvested the capital and asset value will go up increasing the valuation of the company but my guess is "free cash" will not be available until all 5 phases of KK are built. Maybe even later depending on how aggressively WF will be developed. By then however the company will be of monster size and value. This of course is all hypothetical even though we do have an idea what production metrics will come out of KK.
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