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The 12 month CGT theory doesnt make sense to me because people selling now would be those who had bought in before mid Feb 2006 and the volumes were low before rising in late march 2006 looking at those graphs... ?? I dont understand why you still think this is the case here.
 
when I look into INL, I always thought it is a smelter, and give 50% future profit for peanuts, not a mining company. What's wrong with me?
 
Had a bit of a look at the Ivanhoe website.... thought this section was interesting....a bit of wood for the conspiracy bonfire......
Is Ivanhoe capping the price & CITIC picking them up, prior to a jump on INL??
This also suggests that CITIC could be a third partner in the Mongolian project......or a forth given the Mongolian Governments push for a 34% stake. We all know the Chinese dont like to pay any more than a minimal price......and CITIC is one hell of a big Chinese armtwister....

Wed Apr 23, 2003
IVANHOE MINES AND CITIC FORM ALLIANCE TO JOINTLY DEVELOP ASIAN MINERAL PROJECTS, INCLUDING EARLY DEVELOPMENT OF RAILWAYS AND MINING INFRASTRUCTURE

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BEIJING -- Wang Jun, Chairman of China International Trust & Investment Corporation (CITIC), and Robert Friedland, Chairman of Ivanhoe Mines Ltd. (Ivanhoe) (TSX and ASX:IVN), announced today that they have signed an agreement enabling the two companies to form a strategic alliance to work together in mineral exploration, development and production projects to be selected throughout the world.

The principal objectives of the strategic alliance are to investigate, explore and develop base- and precious-metals projects to help meet China's current and future metals requirements. Consumer spending and urban growth powered by China's huge population base and demographics are expected to underpin continued strong Chinese demand for metals for the foreseeable future. Investment in the transportation, telecommunications and energy sectors also is key to China's economic growth.

CITIC is a giant Chinese state-owned enterprise that reports directly to the governing State Council. It holds major interests in many industries throughout the world that have strategic value to the expanding Chinese economy, including energy, banking, airlines, information technology, investment services, real estate, engineering services, heavy industries, infrastructure investment and resource industries. At the end of 2001, CITIC's total assets exceeded 400 billion RMB (US$48 billion). CITIC reported an after tax net profit of 2.4 billion RMB (approximately US$290 million) in 2001.

The Ivanhoe/CITIC agreement provides for several areas of mutual cooperation. CITIC has agreed to help the alliance to raise capital in international financial markets for investment in, and development of, projects selected with the support of Ivanhoe's technical expertise. On a project-specific basis, CITIC has agreed to help facilitate discussions between senior Chinese and Mongolian government officials regarding a proposed 290-kilometre rail line that would link the Chinese city of Bayan Obo with Ivanhoe's gold and copper discovery at Oyu Tolgoi (Turquoise Hill) in southern Mongolia. Bayan Obo is connected to the Chinese national railway network and is approximately 100 kilometres north of Baotou, a major industrial centre serving a very large regional steel industry.

The proposed rail line, which would enhance the value of Ivanhoe's copper/gold project and increase trade and the movement of goods and people between the two countries, was initially discussed in early 2002 between the Mongolian Prime Minister, Nambaryn Enkhbayar, and China's Minister of Railways during a visit to China by a senior Mongolian Government delegation.

The new Ivanhoe/CITIC alliance will investigate strategies to optimize the development of the following key projects in which either Ivanhoe or CITIC is involved:

1. Copper/Gold Exploration and Development in Mongolia. Ivanhoe and CITIC have expressed a willingness to jointly invest in the Oyu Tolgoi copper/gold project and also to participate in the planning, construction, development and exploitation of the project. Ivanhoe and CITIC have agreed to seek the assistance of the Chinese and Mongolian governments to fast-track the approval and construction of a rail link between Oyu Tolgoi and the Chinese rail network. The CITIC Group will be primarily responsible for liaising with various Chinese government authorities, while Ivanhoe will be primarily responsible for liaising with Mongolian government authorities.

2. Expansion of the Monywa Copper Project in Myanmar. Ivanhoe and CITIC will work together to facilitate the proposed expansion of the Monywa Copper Project, 50%-owned by Ivanhoe, which currently produces approximately 28,000 tonnes per year of LME grade A copper cathode. A recent scoping study by Ausenco Limited called for Monywa's production rate to increase to 129,000 tonnes in stages spread over six years --- a level that would establish Monywa as Asia's largest and lowest-cost copper producer, using the advanced heap-leach, solvent-extraction and electrowinning (SX/EW) copper recovery process.

3. Development of Joint Ventures with CITIC Gold. CITIC Gold and Ivanhoe will examine possible arrangements to collaborate on various Chinese gold projects held by CITIC Gold, as well as other mining projects around the world. CITIC Gold, a wholly-owned subsidiary of CITIC, controls 15 operating mines in China.

4. Introduction of Advanced Processing Technology. Ivanhoe and CITIC will work together to introduce advanced mineral processing technologies to various Asian mining projects. One example of an advanced technology is the Intec Process, a hydrometallurgical technology being advanced by Ivanhoe. The Intec Process provides substantial cost and environmental advantages over conventional smelting and refining processes and can be used to refine copper, zinc, nickel and precious metals from raw concentrates.


THOUGHTS????
 
Of which the crux is......

The new Ivanhoe/CITIC alliance will investigate strategies to optimize the development of the following key projects in which either Ivanhoe or CITIC is involved:

4. Introduction of Advanced Processing Technology. Ivanhoe and CITIC will work together to introduce advanced mineral processing technologies to various Asian mining projects. One example of an advanced technology is the Intec Process, a hydrometallurgical technology being advanced by Ivanhoe. The Intec Process provides substantial cost and environmental advantages over conventional smelting and refining processes and can be used to refine copper, zinc, nickel and precious metals from raw concentrates.
 
Its early days to call but it seems the tide is turning; methinks its time to get back on board. DYOR.
 

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Col Lector said:
Of which the crux is......

The new Ivanhoe/CITIC alliance will investigate strategies to optimize the development of the following key projects in which either Ivanhoe or CITIC is involved:

4. Introduction of Advanced Processing Technology. Ivanhoe and CITIC will work together to introduce advanced mineral processing technologies to various Asian mining projects. One example of an advanced technology is the Intec Process, a hydrometallurgical technology being advanced by Ivanhoe. The Intec Process provides substantial cost and environmental advantages over conventional smelting and refining processes and can be used to refine copper, zinc, nickel and precious metals from raw concentrates.
Click to expand...
That's exactly the quote from IVN I had in my mind earlier today when thinking "In whose interest is it to keep the price down, then move in so you don't have to pay licence fees or royalties." Why the JV which can pick up the technology for pennies if it keeps a lid on the price now. Mumble, mumble, mumble
 
Likely that Ivanhoe is liquidating/reducing initial big INL holding to free up some cash to ensure the Rio JV is established;
Quite feasible that CITIC is "in-the know" is accumulating these parcels, at the dampened price, and will, to a point where Ivanhoe & CITIC are holding a quantity that when combined will enable them to call some shots in a takeover play....
This strategy is made difficult however by the declarations required when a significant holding is accumulated . But there maybe another party or two (a Rio operative???)also enlisted to quietly buy on their behalf.

Could bode well for the INL sp when these parties reach significant declarable share levels and they make a grab for more, prior to a bid??

How well this works will depend on how quickly we...the opposing ASF bloc....accumulate any spare stock floating around...
If we mop up 300mill shares ASF Unincorp will be in a strong negotiating position......
 
Col Lector said:
Likely that Ivanhoe is liquidating/reducing initial big INL holding to free up some cash to ensure the Rio JV is established;
Quite feasible that CITIC is "in-the know" is accumulating these parcels, at the dampened price, and will, to a point where Ivanhoe & CITIC are holding a quantity that when combined will enable them to call some shots in a takeover play....
This strategy is made difficult however by the declarations required when a significant holding is accumulated . But there maybe another party or two (a Rio operative???)also enlisted to quietly buy on their behalf.

Could bode well for the INL sp when these parties reach significant declarable share levels and they make a grab for more, prior to a bid??

How well this works will depend on how quickly we...the opposing ASF bloc....accumulate any spare stock floating around...
If we mop up 300mill shares ASF Unincorp will be in a strong negotiating position......
Click to expand...

Not sure about all the conspiracy theories, but one thing I did notice was that when that half a million sell came in late yesterday there wasn't any reaction.A few weeks ago this would've started an avalanche of selling.

This to me says that most of the day traders are out of the stock.This is good as far as I am concerned.

Unfortunately Zinc is having another setback so today will be a test.
 
Hi Kransky yeah I was probably going off half cocked again ;) but I do think the sharp dip at the beginning of feb does have a correlation, but that was probably it...

Tony.
 
Nice colourful presentation by BSM out today. (INL 18% owned) Good maps. Very pretty.

Would have liked to hear some dialogue and get a feel for management.

No update on the BDP feasibility study which is due.

Interesting notes in their presentation on 7 Feb about the interest shown by foreign company's in the IZP plant. Not sure what this is going to lead to? Anyone?

Still waiting for another go at INL. Waiting for it to look like recovering. Perhaps holding above 20 cents is positive, but it really needs to confirm some higher highs. Perhaps if it gets over $0.24 it'll be heading back up. I'll be looking at it around the green circle I think. Failing 20 cents will be ordinary IMO..
 

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hi Kennas

Always a pleasure looking at your graphs. INL has build a strong base around the 19.5 to 20 cents mark. Looks like it might break either way though.

Any fundamentals calcs on this one anyone??

(not a holder.. yet.. maybe soon to jump in)

Hypnotic
 
Col Lector said:
Had a bit of a look at the Ivanhoe website....

4. Introduction of Advanced Processing Technology. Ivanhoe and CITIC will work together to introduce advanced mineral processing technologies to various Asian mining projects. One example of an advanced technology is the Intec Process, a hydrometallurgical technology being advanced by Ivanhoe. The Intec Process provides substantial cost and environmental advantages over conventional smelting and refining processes and can be used to refine copper, zinc, nickel and precious metals from raw concentrates.
Click to expand...

Ivanhoe talk about the Intec Process like its theirs.. this seems a little suss..

Though its very good seeing it mentioned like this!
 
Hopefully with zinc rebounding strongly INL can bounce today although it seems to respond inversely to good news
 
Closer look at INL chart shows the clear support and resistance.

Breaking 23 cents will be good darts, but 25 could signal a resumption of uptrend.
 

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Hi Hypnotic,

There are a few fundamental calcs on the thread. As an example, Wintermute did some about 3-4 pages back.
 
yeah but be wary of them, some things just didn't seem to add up any more after the announcement about what they got for the shipment came out.... I decided to wait for the yearly report because I don't understand the complexities involved!! :) I did some more very back of the envelope calcs recently based on the Presentation figures and came up with earnings of 2.1 cps based on the concentrate shipments, which with a p/e of 10 would be surprise surprise 21c... this could well explain why it is staying at this level, as I have for quite a while been of the opinion that the Intec Process is no longer being factored into the sp.

Tony.
 
yes Col I don't think anything other than the forecast for zn shipments (based on current zinc price) is being factored in... plenty of upside IMO :)

Tony.
 

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