RE:RE:RE:RE:RE:share priceWhat the mindless Joe trader hasn't figured out is that IVN is constantly lowering unit cost of production. How are they doing this?
(1) Ever-increasing production.
(2) Logistical improvements such as shortening transportation routes to market.
(3) Smelting on-site.
(4) Improving operational efficiencies. The guy in the mill is golden if he can tweak another 0.5% or more copper recovery, and reduce the amount of metal going to tailings.
Then, of course, there is the upcoming contribution by Kipushi and Platreef, as mentioned by other posters. Treating the jewel that Ivanhoe is like a two-bit junior is absurd. By cheap and hold because it will reward those who do.
Coppernut wrote: IVN is certainly heavily correlated with copper prices and that will always be a key driver of share price. However, there are developments coming up that could see the share price increase even if copper prices were to stay unchanged or even decline modestly. Those are
1. Completion of the smelter (well underway)
2. Kipushi reaching full production (already close to there)
3. Platfreef coming online (1H 2025)
4. New discoveries or good news on the existing ones.
We should get a little less sensitive to the copper prices as Zinc and the Platreef combo starts being meaningful.
The below $20 scenario would mainly be copper related if the copper prices decline from here back to the <$4 level. Other than that, changes to royalty level by DRC would do it or some delays or setbacks in the development plans for Kamoa Kakula or Platreef or some mining disaster