RE:RE:RE:The new guyThe de-bottlenecking initiative is expected to increase Kamoa-Kakula's Phase 1 and Phase 2 annual copper output to more than 450,000 tonnes by Q2 2023 positioning Kamoa-Kakula as the world's fourth largest copper producer.
If phase 3 can put out the same as phase 1 or 2 then you can add another 225 tonnes to this total.
That would add up to 675 tonnes of copper. Now we still have phase 4 and 5???
Escondida is the top copper producer at around 900 tonnes per year.
You can't tell me that phase 4 and 5 combined will put out less than 225 tonnes.
If phase 4 and 5 combined put out only 300 tonnes then that adds up to 975 tonnes for phase 1 to 5. That's 975 tonnes per year folks.
Also remember that we are mining grades of 5, 6, 7 and 8% copper (even higher from released core samples). Escondida is mining grades of less than half a percent!!!!!
That's the real kicker folks, just think how much less ore we need to crush and the saved labour and wear and tear on your mine and equipment.
IVN blows all these other copper producers right out of the water. IVN is really in a league of it's own. We will soon be getting one of the highest P/E ratio's in the sector.
Once again this does not take into account any of the other irons that IVN has in the fire
This stock is going much higher folks.