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12.5% 0.4¢ ironbark zinc ltd

Ann: Citronen Receives Landmark 402A Designation from EXIM Bank, page-297

  1. redapplecarts
    1,420 Posts.
    lightbulb Created with Sketch. 1234
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    20/01/22
    11:07
    Post #: 59002481
    The loan covers capex. We still need money to cover repayments and opex for the ~3 years the mine is cash-flow negative. I'm guessing this is ~$250M.
    IBG Price at posting: 4.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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