P if the SP was to plummet (which I doubt) it would be a time to BUY !
as you say : Right now, we know IBG has a big zinc mine, zinc that the US wants. The US government is willing to fund new mining projects in Greenland hence the LOI from EXIM, Greenland government is backing this project, and with the US-China rivalry fighting over zinc,
The BOD will only have one option if EXIM does not deliver --- sell the zinc resource to the highest bidder who has the funds to build a mine and given the amount of zinc in ground that could be a great outcome for shareholders.
I said above that i doubt that the SP will plummet- that is because of the potential for an asset sale which could be worth a lot more than the current SP so not everyone will liquidate their shares- Cheers
IBG Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)