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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. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Comment by waiting73on May 02, 2024 11:09pm
208 Views
Post# 36020945

RE:RE:RE:RBC

RE:RE:RE:RBC I like your price target - I am sure it is where we are headed if things line up a little more. The webcast was very interesting, a lot to unpack. I really like the odds for Kitoko being bigger than Makoko - just me hoping.., and what would that do for our share price in a developing copper bull market? Damn this company is amazing. I find it a bit hard to see a major stumping up the change to buy out IVN in the DRC when they didn't have the grunt to go there in the first place. But stranger things have happened. Friedland and crew have set the bar high. You would not only have to defeat our Chinese partners to buy IVN out at a very good premium to todays price, you have to maintain and keep worthy the ESG and political relationships which allow it to work. Can you do it? Can you do it without our Chinese colleagues? I wonder how much Makoko-Kitoko connectivity would add to the SP? If they connect well enough then one mine between them - how many phases of development would that take? I am guessing there would be fewer development phases than at Kamoa-Kakula, because we have the money coming in and we know exactly what we need, and a Bull market. Lets see. perhaps we would build the equivalent of Phase 4 up front? Add on a larger smelter, and perhaps 2 more turbines at the Inga dam, and more work on the DRC grid? At Kamoa-Kakula, Phase 4 is definite, Phase 5 sounds like it is in planning. You can finance this sort of thing if you have no debt and great earnings. Project 95 will soon improve our economics even more. Then I heard four to five world class targets for drilling at the Mokopane Feeder. Something very dense, possibly nickel sulfide. There are deep mines RF said - now was that a hint? I read that 4 km is about the deepest mine at present. If you know you have 4-5 world class targets and you've got the gravity and magnetic maps to generate those targets, I'm thinking you know how deep those targets are. Deep mines into the stem of the mushroom. The most remarkable gravity anomaly known on our planet and we are exploring it. $100 might just be a bit low.
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