IBG 50.0% 0.3¢ ironbark zinc ltd

set to fly?, page-34

  1. 3,312 Posts.
    lightbulb Created with Sketch. 39
    there are very few orders inbetween .15 to .2... We just need an announce of resource upgrade. As soon as people remember nystar put 15 mill in at a 120% premium to current SP this is bound to increase. Definetly a stock I have tucked away in the bottom draw, sitting on a small loss as entered in the high teens, but not one worry in the world. If I had more money I too would consider buying more.

    Nystar have one ongoing 'project' listed on their website, this is it. They are planning on getting zinc from this mine, they are already planning on this going through to production. If the resource is there, but they need more money, rest assured because the capital raisings for this company actually INCREASE the SP because its done a a premium, not a discount.
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.