IBG 0.00% 0.3¢ ironbark zinc ltd

22% IRR

  1. 2,765 Posts.
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    A post-tax IRR of 22% implies (p. 9 of the presentation) "Payback Period 18 months." This seems optimistic, what am I missing?

    A `$500,000,000 construction price tag for a high arctic, massive project also seems optimistic.

    Page 8 states "located adjacent to deep, protected water..." No mention of "port," "harbour." Is this a stranded deposit?

    OV

    PS New to this name, mentioned on the CSD bb, and sceptical on the two+ year Zn pump (maybe this year's Zn). So help, or not. Thanks.
 
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