IBG 0.00% 0.4¢ ironbark zinc ltd

Citronen Fjord Project - Mining Lisc Update, page-7

  1. 731 Posts.
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    djr,
    What sort of info are you using for the 1-1 dilution calculation?

    If JD's plans come to fruition I'd say 1-1 dilution is a bit overs.
    Of course we do have to figure in the Chinese getting 20%. The big question is what sort of payoff we get for selling them their 20%

    I too am long term and prepared to stay the course. If JD can make this happen along the path he has mapped out I think double 80 cents per share is more than achievable. Specially when factoring in the open ended resource.
 
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