Just a reminder that under the old feasibility study (currently being reworked by CNF) the NPV of Citronen was US$609 million based on a Zn price of US$0.835. The investor presentation released 7 Feb 2017 states that this value rises to US$1 billion at ZN price of US$1.50.
Well we now have POZ at US$1.33 and rising.
With IBG having 539,425,912 shares on issue, US$1 billion equates to US$1.85 per share (AUD$2.40 per share). With the feasibility study being re-worked this will surely be more that AUD$3 per share.
Current IBG share price: 10c Go figure!
IMO this is ready to explode.
Zinc on the rise - Proactive Investors UK, page-70
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.789K | 596.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 61636661 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 2727279 | 3 |
View Market Depth
| Last trade - 11.44am 15/10/2024 (20 minute delay) ? |
| IBG (ASX) Chart |