Ivanhoe Mines Ltd T.IVN

Here we go again...a DRC Truckers Strike

[guarantor1]

I guess it wasn't 'Material" enough to be mentioned in yesterday's call, eh?

https://www.reuters.com/markets/commodities/copper-cobalt-supplies-congo-stranded-by-truckers-strike-2023-11-07/

[BSdetector2016]

Material news is typically anything >5% of a company's value. I doubt a truckers strike is worth $667M... 

[guarantor1]

Got a link for the 5% BS ?  ;-) imo, if the strike is prolonged, it's gonna affect 4q revenue .... big time.

[chintzy]

Once the Lobito Corridor is moving our smelted copper at full capacity, and that is happening in the fairly near term, the truckers won't be needed nearly as much. It could be that they're applying the leverage that they have while they have it because they aren't going to have it much longer.

[1student]

That's certainly a good point you have made Chintzy. If you believe there will be a day when the presently gainfully employed Congolese truckers and the stakeholders who employ such vital commercial transportation vehicles operators will not collectively have the required and various forms "leverage" to employ against those seeking to permanently put them out of work, I would urge