Ivanhoe Mines Ltd T.IVN

Do You Agree With These Numbers???

[crow27]

Okay here we go, When phase 1 and 2 are running at the updated tonnage (9.2 million tonnes of ore) then IVN should profit (that's right .....profit) somewhere around 280 million dollars a quarter. So somewhere around 1.12 BILLION per year profit

Now that is just phase 1 and 2 up and running. I'm using $4.50 copper and deducting $1.50 for all in costs, so that's $3.00 profit per pound. Also also using 5.5% copper grade
Now just using phase 1 and 2 numbers, if copper goes up $1.00 per pound then that would equate to around another 375 million dollars per year profit or around 374 million dollars profit per quarter (280 million + 94 million) or around 1.5 billion profit per year to IVN.
Now this is only and I will say it again .................  ONLY phase 1 and 2 running at the NR numbers that were mentioned today. So every $1.00 increase in copper will profit IVN 375 million per year.

So now what about phase 3, of course we do not know those production numbers yet but a blind man can see that the profit numbers will only go up in a huge way.
I am including ZERO for Platreef, Kipushi or WF news/discoveries.
Also not even thinking about phase 4 and 5.
Also I will be the first to say that IVN will be the biggest producer of copper in the world soon enough. They will kick every other copper miner out of there ranking position. Number 1 is number 1 and it is very clear that IVN will have this title.
When the rubber hits the pavement in a couple years then this stock will be $75 -$100  per year.
We don't even talk about a major listing anymore or a buy-out or a buy-in by a new partner or how about a huge dividend.
WF drilling will soon be ramping up and if the cores are what IVN thinks they could be then it will be hard to put a dollar value on this stock as it will be the premier company in the world to own.
This is the best buy out there for shareholders who want huge profits and also want to sleep soundly at night. RF is doing all the heavy lifting for you.

Well, that's my numbers and forcast for IVN. If you have any extra cash then buy. buy, buy.

[charni]

So $20-$30 near term depending on the resource sector staying stable. If "the wind is behind our back" anything is possible in terms.of price appreciation.. This is while the copper price stays stable. BUT didn't someone say copper is going to $10 USD? Unbelievable what has happened and is happening with this company. Big money has yet to see the light. Hopefully the megalomaniac

[BucccaneerIL]

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