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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

Post by Goldspring1on May 10, 2024 12:15am
313 Views
Post# 36032808

The effect of Drill Results

The effect of Drill ResultsRio and BHP had informal talks about the Western Forelands in 2021. Will the summer drill results bring an offer. Obviously, Ivanhoe has a price they would accept. Will good results give these companies the ability to  take an offer and justify Ivanhoes asking price to their shareholders. The Western Forelands should bring in an offer of at least 10-15 Billion USD for 40% and if there are multiple bids it could be much higher. It would put IVN shares in the $40 range and would accelerate the development of more tier one projects.
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