IBG 20.0% 0.3¢ ironbark zinc ltd

Feasibility Studies, page-23

  1. 3,746 Posts.
    lightbulb Created with Sketch. 104
    You picked your entry well, happydayz as IBG is looking quite silly with $40M market cap for a $US600 NPV profit and substantially de-risked.

    Very strange market for zinc stocks, given precedence, not just IBG. Those of you getting knickered about JD are perhaps barking up the wrong tree. Is a fairly tight ship with little of the excesses many small caps miners indulge themselves in - look at their outlays, staffing and incentive schemes. My only beef is with the Hartleys crew - wish we could raise money without the mongrels selling for quick short term gains.

    Got a message back from JD today and know he's taken a few calls. Sorry if some of you don't get responses - maybe you frame your inquiries the wrong way. Essentially he's a perplexed as we are, been busy with NFC, all going to plan on that front and he starts tomorrow on another road show - couple of weeks with institutional investors. He will also be working on the next update.

    Nothings changed as far as the project is concerned. Hopefully we won't get as low as 7c and maybe start to climb back again from here.

    Sort of confused, but mostly glad to be BIG with IBG
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.