IBG 16.7% 0.4¢ ironbark zinc ltd

Hi Sanderof course im still here.The situation is unchanged....

  1. 204 Posts.
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    Hi Sander
    of course im still here.
    The situation is unchanged. Just the targets for the f
    inancing have been moved. I just had a written conversation with P. Cahill. He mentioned, that they are also frustrated by the reality of the equity markets (particulary challanged by inflation concerns and the varios impacts by the ukraine conflict). But they are very encouraged with the progress together with US Bank EXIM and LNS. When the equity markets stabilise and IBG are able to secure the equity funding alongside the debt who has been conditionally offered by US EXIM. So nothing has changed in my opinion. Just the timeline will be a little bit longer and the FID for 2022 could not been achieved. So thats why the shareprice has declined. I will buy more in the comming months.
 
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