OK - so some where asking about what we can expect in terms of Market cap if we get the Exim funding sending IBG well on its way to become a zinc miner...
Below are some peer comprisons from IBG presentations.
Very interesting is that RTR is valued at close to $300mil market cap or an enterprise value of circa $250mil excluding RTR's cash holdings compared to IBG only at a $60mil market cap.
No reason for IBG to be sitting sub $100mil market cap once we secure a part of the projecting finance.
Looking at the comparison below - We can see IBG has some of the highest grade zinc deposit.
Citronen project is also so far more advanced than RTR's Earaheedy project.
We have Ofttake secured + 100% granted mining lease + Full BFS completed
Ann: Trading Halt, page-51
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.334M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 59111661 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 30309572 | 8 |
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| Last trade - 10.04am 17/10/2024 (20 minute delay) ? |
| IBG (ASX) Chart |
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