IBG 0.00% 0.4¢ ironbark zinc ltd

IBG clearly overvalued....do you math

  1. 506 Posts.
    lightbulb Created with Sketch. 6
    Old news but completely relevant. Glencore bought 27% of Perkoa Zn mine for whatttt...$12M i.e. Peanuts. Again, Perkoa FULLY Permitted mine. IBG don't even have a permit yet.

    27% of PERMITTED and PRODUCING Zn mine = $12M
    IBG's not even permitted and far from any production mine MC = $30M. What the .......

    Buyitlow, don't scream(and point to irrelevant spell mistakes) - do the math and consider the fact of an "approved" mining permit and a "producing" mine......
 
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