IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: Quarterly Activities Report, page-5

  1. 1,653 Posts.
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    Strangely no mention of the CAPEX and OPEX increases since the dodgy FS update. The US$650M CAPEX will now be closer to US$850M. The US$0.70/lb OPEX (C1 cost only) will now be closer to US$0.90/lb. All that in a declining Zn price environment.

    Doesn't sound like a great investment with the world now becoming risk adverse.....
 
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