Post by
Goldspring1 on Feb 05, 2024 2:29pm
Bezos and Gates mining co mentions Kakula CNBC
Two of the richest men in the worlds mining company next door in Zambia mention their new find compares to Ivanhoes Kakula in grade but still at least 10 years away. Ultimately Ivanhoe will be too expensive for BHP or RIO unless its a minor share. I think it will be the Saudis who come up with a sufficient offer. The next two years are going to be very exciting for the stock price.
Comment by
guarantor1 on Feb 05, 2024 8:53pm
I hope KoBold goes Public ASAP.... It'll probably be overpriced given the hype about Bezos and Gates owning a piece. And will probably make IVN's valuation look ridiculously cheap in comparison - and hopefully we will get a more realistic valuation, eh ?
Comment by
kitchensink2 on Feb 06, 2024 10:30am
Kobold has ton work ahead of them. 1. update resource estimate and complete feasibility studies 2. Secure funding 3. Provide Zambia a share of company 4. Secure power supply 5. Draw and build and secure supplies to build the mine This will take more than 10 years to build.
Comment by
TELEMARKER on Feb 06, 2024 11:16am
KoBold says Zambia copper find largest in a century - MINING.COM