The next trench is to secure the EXIM letter to move to phase II, it seems based on MJs comments and interviews, that this letter is the real critical point of the project.
I would assume, that the purpose of Bacchus was to also prepare for phase II of the EXIM process as well as the initial phase. For Bacchus they were paid in shares (14 million, if I understand correctly) and post Dec 2021 will need to be on a retainer.
Paradoxically, the focus should be on Bacchus during the next stage (until end of Nov 2021) in how they value the project. Bacchus are the critical piece in building the base of the project (from financing etc) and are selling their fee in the overall success or failure of the project. At this point, MJ is clearly open to any solution to move it forward, so it will be interesting to see what Bacchus`s conclusion is?
For the rest of us through this thread we can see all the opinions forming from Football`s "I invested in a 20 million company not a 60 million unrealistic company" to my one "250 million sale" to others stating "IBG is a technology company, the Amazon of Zinc". The one thing we have in common, we are all having fun.......
- Forums
- ASX - By Stock
- IBG
- IBG SP / VALUATION THOUGHTS
IBG SP / VALUATION THOUGHTS, page-247
-
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IBG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $7.334M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $8.914K | 2.954M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 61511661 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 29309572 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
48 | 61511661 | 0.002 |
13 | 13549988 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 29309572 | 7 |
0.005 | 2683400 | 2 |
0.006 | 375000 | 3 |
0.007 | 605300 | 3 |
0.008 | 606448 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
IBG (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online