IBG 0.00% 0.4¢ ironbark zinc ltd

Ann: Director Appointment/Resignation, page-11

  1. 540 Posts.
    lightbulb Created with Sketch. 9
    I think the China Nonferrous process is starting to drag us down.

    End of June qtr - $2.4 Mill
    End of September qtr - $1.76 Mill (a cash burn of $640k from previous qtr)

    I know IBG is lining their ducks up, but if China Nonferrous takes another qtr with no result and JD continues his non existent PR push, IBG will have no other choice but to raise capital.

    Another free lunch for Hartley's on it's way :-(
 
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