IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: Suspension from Official Quotation, page-77

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    If you have a good think about it and go back to listen to what MJ said.

    He alluded to the Exim loan + Equity component will be one inter-linked package.

    Secondly - IMO there would be clauses as part of Exim loan conditions that will stipulate to IBG that we cannot sell down our project for a certain threshold % + or - of our $500mil NPV value.

    Because if Exim did not protect the Citronen npv valuation that way - it will impact on Exmi's decision to grant funding if the NPV value shifts and gets discounted to suit the equity component.
 
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