IBG 0.00% 0.3¢ ironbark zinc ltd

34 Days until 23.12.21. - Big Moment - Big decission - EXIM, page-14

  1. 1,653 Posts.
    lightbulb Created with Sketch. 61
    So Yatchy. Why is the MC only $50M if it is such a great project? Surely someone with money must realise that they are getting a bargain if they purchased now.

    Every mining company is looking for M&A opportunities as they are all flush with cash. Why wouldn't someone pick it up for say $60M (20% premium) and self finance. That's right because it is a dud.
 
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Mkt cap ! $5.500M
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0.3¢ 0.3¢ 0.3¢ $6K 2M

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56 94221037 0.2¢
 

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0.3¢ 302908 2
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