Seems reasonable. Best case 2 years, worst case 4 years.
Meanwhile, Arizona mining has no feasibility study, no mining licence, and will have no cashflow for 4 years from commencement of construction (there are hopeful for a late 2020 start), and they are sitting on a market cap of $900M. Yes that’s right 20 times more than IBG that could well have a financing and construction underway within the next 6 months.
Yeatesy
Zn price soaring, page-29
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $5.924M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $10.50K | 3.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 23725748 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7397597 | 6 |
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| Last trade - 15.55pm 12/07/2024 (20 minute delay) ? |
| IBG (ASX) Chart |