Ivanhoe Mines Ltd T.IVN

Rh $20K

[chintzy]

Look at fookin Rh going through $20K

https://www.kitco.com/news/2021-01-13/Rhodium-roars-above-20-000-in-precious-metals-biggest-rally.html

The recent PEA assumes $5K.

3 million oz. is $60 billion USD metal in the ground. $77 billion CAD worth of metal that is the obscure one in this project.

15K oz. production X $20K is $300 million USD annual revenue. ~$385 million CAD pays for a lot of costs, year after year if it sticks around this $20K price.

By the PEA price of $5K it is $75 USD or ~$96 CAD of revenue what a difference of $225 million USD more compared too the study.

PEA price assumption for Pd is $1400. But if the price is $2400 that is 235 million USD more than the study, every year for the 235K oz. annual production. That is $460 million or $580 million CAD more per annum than projected by the study, just for PD and Rh. Are we proceeding on the basis of very conservative price assumptions, the study could be already obselete. I am greedy for cash flow from Platreef on top of K&K profits, that will boost this SP up a few notches. All 6 of those metals look bullish right now but no production untill 2025 then a long ramp up to 5Mtpa by end of decade or something. Significant cash flow from Platreef is so far off, no wonder it is not reflected in the stock price. In the recent release it mentioned they retain the flexibility to accelerate development. Surely if PT moves up to $1500 and all 6 metals are strong they have to think about getting to production quicker. I guess it is all about IRR in the end and if K&K IRR is higher that's where the capital gets allocated. But surely if all Platreef metals are in bull markets it will be easier for the project to attract financing. The Chinese have no limits and are always game. The Japanese could be re-thinking their decision not to increase their equity. At least shovel K&K cash flow into Platreef as of later this year. What else to do with K&K profits that are coming our way very soon. It's the best PM project in the world lets get it happening.

[guarantor1]

Incredibly good timing, considering they are in the late stages of Platreef Financing. And Palladium and Platreef, are also doing well : Palladium 2,401.29 0.28% 6.79 USD per Troy Ounce 09:16:55 AM Platinum 1,114.6801 1.43% 15.68