Very conservative.
I personnaly think Ivanhoe is undervalued and copper price will have his year in 2019.
Friedland " you will need a telescope to see how high copper price will go"
5x? 10x? 20x? higher ?
2-4 billions market cap with stage 2 is doable when you know you have the same world class asset as Robert Friedland.
NZC Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held