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Wednesday, December 07, 2016 11:33:37 AM
2 minutes ago 4 Reads
Post# 25565936
RE:CC much more than Kakula. #2 - Kipushi
at 50 cents costs per ton they now say, will we make 85 cents on every ton, per the cc, with 530K tons a year, meaning 450,000 u.s (?) @.68% ownership of Kipushi leaves a net profit of $306,340,000. When RF says the market does not understand Kipushi, which will probably be producing in a year from now, ramping, this is what he must mean.
The market really has no idea, and also because the company has really not published and promoted about Kipushi. What I am thinking, from the cc is that the PEA the moment it is published, will be outdated due to the actual construction, per RF, but the market needs this study to formalize and legitimize what the Company truly has in Kipushi.............the market needs the study to satisfy convention. Net cash of 306 million per year will hit Mr. Market and his minions on the head with a ball peen hammer. One year away..........just trying to connect the dots he was signaling.
Read more at http://www.stockhouse.com/companies/bullboard?symbol=t.ivn&postid=25565936#ZSZwbZjhJSD7ds1T.99
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