IBG 0.00% 0.4¢ ironbark zinc ltd

ev $1.46 per share !!!, page-6

  1. 731 Posts.
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    I'm not going to make predictions. However I constantly run figures and scenarios and if it is valued at $1.46 at today's prices as compared with perkoa, do the maths on a resource that they believe is 4-5 times bigger than currently proven up.

    Now do some sums on that larger resource at zinc prices that are nearer $1.2lb which is conservatively predicted over the next few years. Some experts are predicting upwards of $1.60 and some as high as $2.50.

    Its still at a risky stage but If we get the funds to develop without having too much dilution then this is much much more serious than $4-$5 a share.
 
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