IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: Public Consultation Update, page-4

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  1. 21,923 Posts.
    lightbulb Created with Sketch. 899
    A 2 week delay in public consultation due to weather conditions in Greenland is IMO far better than the MD announcing like some small cap miners - that after countless failed years of not being able to raise funds they will sell off almost the entire share registry and dilute the company out of existence to avoid liquidation to a foreigner to pay off all his personal bills and debts like some listed high risk small cap miners.

    IMO, all examine the share registry of any small cap miner for shareholder spread and dilution

    Beware of those small cap ex- liquidation miners that have become producers by way of dilution and still barely have enough cash flow to pay off majority holder commitments and have negative cash flows with huge CAPEX forthcoming

    DYOR
 
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