Post by
crow27 on Jan 27, 2022 10:07am
Even At These Copper Prices
IVN will be making billions in profit. Once phase 2 comes on line then we make over 1 billion in profts (full year of production), and it will only go higher with phase 3, 4, 5 and maybe more.
Comment by
Cobalt on Jan 27, 2022 11:01am
Is that it? try a oil company 5x smaller market cap that will make a billion + , ya I'm in the right sector cheers
Comment by
cashtango00 on Jan 27, 2022 12:52pm
I agree oil is incredible for return on capital and will be for some time. The cash flows are mind boggling which is why I have a few large Canadian oil plays. Saying that, energy investing has its own concerns which is why you need to even diversify. The vast majority of my market investments are copper and oil.
Comment by
Cobalt on Jan 27, 2022 12:54pm
Copper Oil same story , Green inflation thank you Left , try to get a new oil field or copper mine LOL