Not so sure about that Dan. If ibg can get the funding package through mid this year then there is every chance that they can be ramping up production to name plate during 2019. This zinc cycle could have a good three or four years in it. Ibg needs only catch the end of it to fully repay the capex, then even at a 20 cent per lb margin they will stil churning out a good $100m of operating profit.
Yeatesy
15 cents by mid March, page-25
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