RE:RE:RE:RE:RE:RE:RE:share priceThe ownership structure of Ivanhoe Mines was clearly stated at the times they were arranged, including the reasons for them. The Western capital markets repeatedly declined to provide required funding. Consequently, significant fractions of ownership were bought by Chinese concerns. This was widely publicised and well known by everyone who bought back in the day and yet you keep suggesting the ownership structure as if it some poorly understood or feature of the Ivanhoe story. Better to have 39.6 % of what is Number 3, and might well become the worlds Number 1 copper mining complex, than 100% of a mine waiting to be built.
Personally I find your argument about share prices being baked in the cake as the reason for our lower than desired share price is far less likely than the perception of risk that people have for miners in Africa. Do you really think that the cautious investing public gives Ivanhoe share price rises on credit?
Who knows what the ownership structure will be for mines built in the Western Forelands? Or North Eastern Angola? Or maybe in North Western Zambia? I wonder if the MOU with Zambia might just cover the region of the Western Forelands geology anticipated to extend into Zambia?
Still, any and all discoveries will no doubt come to naught in your book since we won't own 100%, or there won't be enough electricity, or because the people are too poor and lacking democracy, or global warming will ruin everything.
Ivanhoe Mines is the best and mines with a greater purpose. The rest will follow.