Ivanhoe Mines Ltd T.IVN

My 5 year outlook

[LittleMoney]

I can't wait for IVN to present their growth plans early in the new year, should be interesting. I've been holding since 2014 and plan to keep my shares for a while longer as the potential growth is just to good to pass up. 

In 5 years i'm thinking the following production could be quite realistic, as well as a copper price of $5.50/lb. 

KK   1,000,000 tonnes (40%) = 400,000 Tonnes
WF     200,000 tonnes (80%) = 160,000 Tonnes

560,000 x 2200 x (5.50 - 1.50) = 4.93 Billion

With a PE of 15 this would be a $74 Billion market cap USD. 

And 5 years gives them time to find more discoveries (and continue expanding the current ones). So a PE of 15 might just be too low. And if we want to get more excited $5.50 copper might just be too low too!!

[chintzy]

@LittleMoney's post just now prompted me to look back at this one. I like the production numbers but less at KK and more or on the verge of more at WF so 560K tonnes is good though consider it may be rising from there if Kitoko combines with Makoko and Kakula West and grows into a KK Phase 3 equivalent beast. Imagine an eventual 600K tonnes of production at %80 ownership rather than %40. Cu