Tremendous analysis just for openers, by evh5150 and chintzy!:
Back on track....IVN June presentation changed significantly -|
evh5150
2 stars June 22, 2017 12:11 am
Back to IVN!
just noticed that there were a number of big changes to the IVN corporate presentation (June version) since it was first posted at the beginning of the month. Seems like it just happened and there are too many changes to mention as a lot of slides were removed and replaced with info and slides we have seen before in other releases/presentations. However, there seems to be about at least 4 completely new slides that have never been seen before anywhere.
June Presentation Link (Updated!)
note:
new slides for (a) K+K (Pages 9,17). (b) Kipushi (Page 38). (c) Platreef (Page 48)
page 17 is critical and reveals that there will be another resource update for K+K before the end of the year.....more importantly that Kakula West may become a new mining area (as we have previously speculated)
the new Kipushi slide is really interesting and shows us how and where they plan on mining and sending the zinc concentrate....
Cheers!
4.5 starsv
RE:Back on track....IVN June presentation changed significantly -|
chintzy
June 24, 2017 02:39 am
This is pretty alluring these early glimpses of development at Kakula West and a 6+6+6 = 18Mtpa operation.
If you take the 4+4 = 8 Mtpa scenario from the 2016 Kakula PEA, that produces 292,000t over the first 10 years, and extrapolate that to equivalent production from 18Mtpa you get 657,000t or almost 1.5 billion lbs. Remember: finance capital is not a limiting factor in the scale of this.
Even with a tax gouge and a %26 attribution, cash flow to IVN will be around a $billion CAD and substantially more if this golden set up for the Cu market pans out as it should. Remember: the quality of our Cu will command a premium over and above potentially already strong bull market pricing.
Add Kipushi and Platreef and put a 15X multiple on $1.5billion and you're in the range of $25/share in 3-4 years. Put a 20X multiple on $1.75billion and you are over $40.
evh5150 wrote: Back to IVN!
just noticed that there were a number of big changes to the IVN corporate presentation (June version) since it was first posted at the beginning of the month. Seems like it just happened and there are too many changes to mention as a lot of slides were removed and replaced with info and slides we have seen before in other releases/presentations. However, there seems to be about at least 4 completely new slides that have never been seen before anywhere.
June Presentation Link (Updated!)
note:
new slides for (a) K+K (Pages 9,17). (b) Kipushi (Page 38). (c) Platreef (Page 48)
page 17 is critical and reveals that there will be another resource update for K+K before the end of the year.....more importantly that Kakula West may become a new mining area (as we have previously speculated)
the new Kipushi slide is really interesting and shows us how and where they plan on mining and sending the zinc concentrate....
Cheers!
