Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

This is 48 bucks U.S.share price, with a 16 MT per annum mine complex at K and k, which I think is most likely,

Chintzy makes this comment about K and K only, (and then he adds in another 10B in market cap for Platreef at phase 2 only (not phase 3) and Kipushi).

for K and K only....

"Ursus B suggests that the right mining co. in the right market can get a 20X multiple. A more conservative 15X multiple on the 16MTPA operation gets you a market cap of 55 billion." [at 4 bucks copper by 2021, which as the shortage begins in earnest, is probably modest price for the metal.]

add in the other two mines and we are at 65B market cap.