Ann: Company Update, page-19

I think what is also important to understand, is that; Cutfield Freeman & Co would not take on a project if there was not success at the end of it.  There are reputational consequences involved if they can't get a deal done.  Looking over their website and testimonials, Citronen would sit in their Top 20 of projects (US$500M CAPEX) so it also has the WOW Factor to get the job done, which means resources will be allocated.

http://www.cfandco.com/en/Transactions

It is disappointing NFC are dragging their heels but I have had numerous conversations with JD about this and he is pushing as hard as he can.  NFC just need to do their bit and get the job done.

I am on the fence with our board at the moment, Glencore and Nyrstar, it's like they are waiting for the other one to make the first move...I guess time will tell but I know they are looking.

Being a holder and accumulator of IBG over the past 8 years I see the appointment of Cutfield Freeman & Co as the best step forward since the winning of the Mining Licence.  We are truly undervalued and with Zinc at US$1.56lb as we speak the $39M Market Cap won't last long.

IBG can't be a dog forever.

Cheers and GLA.