Ivanhoe Mines Ltd T.IVN

Coming To A Theatre Near You

[crow27]

"The world risks “running out of copper” amid growing demand for the metal, paving the way for a spike in prices just as the global economic reopening gets under way, according to commodity strategists at Bank of America.

Inventories, measured in metric tons, now stand at levels seen 15 years ago, “implying that stocks cover just 3.3 weeks of demand,” the strategists said in a BofA Global Research note dated April 30. The bank’s strategists said prices could jump to $13,000 a metric ton (or $5.89 a pound) in the coming months and are forecasting copper market deficits amid further drops in inventory this year and in 2022.

“The fundamental backdrop is so concerning because the global economy is just now starting to open up and reflate,” they said. “If scrap supply doesn’t come through, stocks would deplete by 2024.”

[TuTomek]

Goldman Sachs breaks down how a worldwide copper-mining shortage could drive parabolic gains in the metal's price over the next 10 years | Markets Insider (businessinsider.com)

[Investor1995]

  The solution to high prices is high prices. We are an innovative world. We just brought a covid vaccine to the world in less than a year. If copper prices soar above $5 and go to the moon people will find other solutions and copper will come crashing down. I am happy with $4.50 copper as it's still reasonable and Ivanhoe will make a healthy and stable profit at this price. Copper

[tobesucht]

Due to the high taxes and the 20% involvement of the DRC I do not see a reason why the mine should be nationalized. Over the thumb the DRC will receive ~50% (maybe even more) of the revenue which is a lot of money for this country. It could be something between 2 and 10 billion $ for the DRC alone and accounts therefore for something like 5 to 16% of their GDP. They would risk loosing credibility,

[crow27]

Just emember that the DRC does not own a share of IVN but they do own 20% of the KK project. I believe they actually received 15% of the project in which IVN picked up all the build cost but these (15% of the costs) need to be paid back once in production and the other 5% was totally free with no hooks.. So the DRC only gets 5% of the profits right away and then would be receiving the full 20% at

[crow27]

Think of it this way .............. you own an apartment block and everyone pays rent and you have very good earnings but once you write off as many deductions as you can ( and you are looking everywhere for them) your profit is not that much ..................... which is what you want. The small fries like us do it with apartment blocks and the big boys do it with MINES. That is why once again

[PistolTuco]

RF needs to drop this quote "Coming to a theater Near You" Covid wiped out theaters nobody goes to movies any more they are obsolete - should be "Streaming Live On Your Mobile App" this is a joke....just saying