IBG 0.00% 0.3¢ ironbark zinc ltd

22% IRR

  1. 2,756 Posts.
    lightbulb Created with Sketch. 383
    A post-tax IRR of 22% implies (p. 9 of the presentation) "Payback Period 18 months." This seems optimistic, what am I missing?

    A `$500,000,000 construction price tag for a high arctic, massive project also seems optimistic.

    Page 8 states "located adjacent to deep, protected water..." No mention of "port," "harbour." Is this a stranded deposit?

    OV

    PS New to this name, mentioned on the CSD bb, and sceptical on the two+ year Zn pump (maybe this year's Zn). So help, or not. Thanks.
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $4.584M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 210000 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 193333 2
View Market Depth
Last trade - 08.56am 30/08/2024 (20 minute delay) ?
IBG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.