IBG 50.0% 0.3¢ ironbark zinc ltd

Patersons - A$0.35 price target, page-40

  1. 96 Posts.
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    Yes I totally agree to all of what you say and what grumpy ooooollllllddddd Yatchy said also. I just feel something isn't right. If we are not building this summer we in trouble. Why haven't numerous partners come to recieve this gift? If we said we had $150 million it would be easy to get the other $350 because the Chinese wouldn't want to miss out.

    Last time zinc price reached $1.10 IBG reached 17c a share. Last time it reached 1.40 to 1.50 IBG was over a $1.00. Now with IBG finished, Capital raising done and licence granted, another BFS completed we are not 72 cents but 7.2 cents! Do the big boys know something we don't?

    Glencore is a liability and will not help (in fact will stop this mine). Why would they shut down all their cheap zinc production, just to flood the market with this higher cost curve mine? I have hope for a Chinese intervention.

    DJ has been talking about interested parties for a year. He only needs one to force the Chinese hands (FOMO) into financing. It's time to produce just one party.

    Cheers mdcha1

    PS To the grumpy one. I had never ever sold a share or said this project is BS. I have indicated people with vested interest in the project say BS to make money. Now Yatchy, you need to A) take a chill pill, B) tell you dad off for raising you poorly or C) brush up on your comprehension skills.
 
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