IBG 12.5% 0.4¢ ironbark zinc ltd

Ann: Citronen Receives Landmark 402A Designation from EXIM Bank, page-328

  1. 1,067 Posts.
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    What person x does not grasp is that there are parallel things in motion, the individuals investment and the project itself.

    On the investment side, a lot of people have invested in IBG as a speculative buy seeing the upside potential at around 2 cents and lower. So based on the current SP, are up in terms of paper profits. This is based on personal considerations in terms of how it fits in a wider portfolio, tax implications, currency exchange and so forth. Purely on this basis, most people have invested well and are just being patient to see if there is more upside potential. If your average is above 5 cents, it is again, just a calculation on if you believe in the upside, and if not, you can always sell.

    Regarding the project itself, there are no guarantees that the agreement will be executed. However, as previously stated, it shows a lack of cognitive reasoning to grasp that the due diligence has and is being conducted by an international Bank to evaluate the risk and rewards of IBG. Moreover, there is market interest in the project based upon EXIM initial approval.

    That being said, on the retail side, we cant be sure of what that means in terms of SP. However, the only rational thing is to take a subjective view and a personal review to see if IBG fits in your portfolio.

    Person`s x constant messaging only mirrors a conflicted internal struggle or pain regarding IBG, more-than likely he bought too early in IBG (which is not a failure, just a learning opportunity). I do implore him, for his mental sanity, just to let go and move on. Investing takes emotional indifference and patience, which he seems not have.
    Last edited by larrygerry: 20/01/22
 
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