Continued
As we head into the weekend and await the premarket release of the quarterly financials during Monday morning, also keep the following in mind.
- 1. Indubitably, greater KK production, increased forward looking efficiencies and greatly expanded capacities will quickly materialize; and this in part equates to a steadily increased revenue stream and increased bottom line Earnings Per Share (EPS) figures, resulting from a continual revaluation of Ivanhoe Mines Limited's forward PE multiple and price to book value, amongst other important analytical metrics.
- 2. The Western Foreland parcel has barely been developed; nor is it close to being fully developed at this particular juncture. That's going to change in quite the hurry going forward. Utilizing the immediately following information, I'll reitrate.
Note: . . . 'I can confirm we are in talks with a number of highly interested potential development partners, with respect to the Western Foreland parcel'; and to answer your second question, with respect to what we've found in terms of geophysics and geochemistry (geology) at Western Foreland thus far, I 'd suggest that preliminary exploratory findings have been quite similar and in certain exploratory drill holes completed to date equal to if not better than what we experienced early on with Kamoa-Kakula'.
-3. The Western Foreland 'earn in agreement' and associated 'partnerships' (see BHP and others) will indubitably serve as a greatly positive IVN share price catalyst. Don't underestimate the beneficial effects to the share price derived from the enormous potential represented by the initiation of a 'expedited' advancing development of Western Foreland into a co-producing mine. BHP and others are certainly well motivated to join the fold within Congo and perhaps South Africa's 'Bushveld' as well - you can call the project whatever you like; I call it 'the Bushveld'.
- 4. The 'big board' listing- perhaps necessary listings, plural. The fact that at any moment Mr. Friedland & company can elect announce the specific date during which a listing of Ivanhoe Mines Limited is to take place at the NYSE, would be worth much more than it's weight in gold, in terms of a share price catalyst going forward - I don't expect you would be buying shares provided by way of such a listing for $10.00 USD
- 5. The potential to have the 500+ Million Dollar secured and 6% yielding debenture conceivably become a thing of the past. It could be replaced with a much larger and revolving credit facility backed by and provided by . . . in order to expidite the development and mining partnership which would be perhaps imminently forthcoming, amongst other initiatives.
- 6. We note that copper has become and will more so become "the new gold'; this clearly due to the vast majority of copper mining projects developed being very high tonnage, high cost and very low concentrated copper containing ore deposits. The world's need for more copper, specifically the ever exponentially increasing global industrial aplications based need for copper being fulfilled and provided by more environmentally concious and 'green' copper producers - something which Ivanhoe Mines Limited certainly is and will more so become going forward-, is undeniable.
You can, as a major global Automotive manufacturer's CEO, either elect to be the victim of exponential increases in the price of all metals and materials inputs required to produce a high volume and greatly increasing amount of Battery Electric Vehicles (BEVs) in a sustainable and, amongst other requirements, more profitable manner; or, you can be 'highly invested' in ensuring the particular company you are operating is exclusively situated as greatly determining and controlling the various 'costs' associated with the procurement of primary and requisite 'materials inputs' supporting your ability to cost effectively manufacture Battery Electric Vehicles (BEVs), in particular.
-7. Some of the less savvy and less informed Ivanhoe Mines Limited investors may have allowed point #6 to fly right over their respective heads, so to speak.
Some are simply not paying attention to my most specific reference of Battery Electric Vehicles (BEVs) and precisely how said manufacturing sector's participants are collectively allocating 'hundreds of billions' of dollars in a variety current and contemplated future investments; doing so in order to addreess the requirement to secure their would be apportioned 'control' of 'battery materials' input costs and the various other 'materials input costs'. These are requisite investments which would clearly enable, amongst other capabilities, the more profitable production of EV battery cells and Battery Electric Vehicles (BEVs) of all sorts.
- 8. Do note the information contained within points #1 thru #7, as it is entirely relevant to and indicative of the untapped and clearly as yet unrealized 'potentials'; which in turn indubitably supports a base case for a near term, intermediate term and long term holding of any Ivanhoe Mines Limited equities position.
As I am know to say, Ivanhoe Long and Strong!
Onward and Upward IVANHOE!