Ivanhoe Mines Ltd T.IVN

Bloomberg Daybreak: Asia... RF interview

[zack50]

https://www.bloomberg.com/news/videos/2021-11-16/-bloomberg-daybreak-asia-full-show-11-16-2021-video

The interview with Robert Friedman is approx. 10 minutes long... begins at ~1:17:30 and runs to 1:28.

Best to watch for yourself if interested, but here are a few points to note...

* Guidance will be set in January and will indicate that production will grow 3 - 4x present production.
* 2nd phase mine will be >400k MT
* 3rd phase mine will be in the range of 700k MT
* Plans to do 800k MT to become the 2nd largest copper producer in the world

* RF describes the Congo as the "Saudi Arabia of copper"
* Goldman Sachs reports copper to reach $12000/MT
* Copper inventories have declined for about 9 weeks in a row now
* Copper inventories are about as low as they have ever been

* 700m MT of copper used in the past 1000 years
* 700m MT of copper to be used in the next 20 years

Very interesting interview... have a look!

[NotSoBrave004]

Is the recording from yesterday available somewhere?

[crow27]

RF just keeps everyone on their toes. He did mention that with phase 3 complete it will ramp us up to 700,000 tons of copper per year???????? 1st phase = 200,000 2nd phase = 400,000 And now he said that phase 3 will bring us to 700,000 ..................WOW!!! Remember that phase 1 and 2 will be putting out much more than name plate, maybe 10 to 20% more. IVN did mention that phase 3 was going to

[1student]

First, I'll thank you for your input crow27. If I may, I just wanted to point out that Mr. Friedland didn't seem to be dancing around anything when answering a question asked by one of the analysts calling in during the conference call. Mr. Friedland stated, in question form no less, who hasn't been inquiring about gaining investment exposure to the Western Foreland property? Mr

[crow27]

He may not have been dancing but if you read his body language it sure said a lot. He has that smile that told me ......................... I've got what they all want and I am in the drivers seat. RF knows they all want a seat when the music stops and RF will be controling the seating arrangement. The big one for myself was RF basically teling us that phase 3 will be 50% larger in size than

[Speedmaster]

Thanks for posting this. Must watch for IVN shareholders