Market cap 41M currently, who is going to provide 80% (343M) of that debt? Looks to me they will have to sell off the majority of the project to fund. Meantime Glencore has opened their wallet wide open to buy Hunter valley coal mines so I think they have somehow lost their appetite for large Zinc play.
Ann: Quarterly Activities Report, page-25
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Change
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Mkt cap ! $5.077M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $10.85K | 3.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 22484136 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 31055361 | 21 |
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| IBG (ASX) Chart |