Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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

Ivanhoe Mines Ltd > That $93m derivative loss in the qtr.

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Comment by ororossoon Mar 24, 2022 2:47pm

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Post# 34542527

RE:RE:RE:RE:RE:RE:That $93m derivative loss in the qtr.

I used 57.5M as an example for the analysis.

The conversion is actually 134.5682 class A shares per US$1,000 principal. That means that IVN would need to issue 77.376M shares to settle the $575 M bonds, assuming the share price is above the conversion price of $7.43 US.

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/ivanhoe-mines-prices-us-500m-convertible-senior-notes-offering-63144742

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