I think what is also important to understand, is that; Cutfield Freeman & Co would not take on a project if there was not success at the end of it. There are reputational consequences involved if they can't get a deal done. Looking over their website and testimonials, Citronen would sit in their Top 20 of projects (US$500M CAPEX) so it also has the WOW Factor to get the job done, which means resources will be allocated.
http://www.cfandco.com/en/Transactions
It is disappointing NFC are dragging their heels but I have had numerous conversations with JD about this and he is pushing as hard as he can. NFC just need to do their bit and get the job done.
I am on the fence with our board at the moment, Glencore and Nyrstar, it's like they are waiting for the other one to make the first move...I guess time will tell but I know they are looking.
Being a holder and accumulator of IBG over the past 8 years I see the appointment of Cutfield Freeman & Co as the best step forward since the winning of the Mining Licence. We are truly undervalued and with Zinc at US$1.56lb as we speak the $39M Market Cap won't last long.
IBG can't be a dog forever.
Cheers and GLA.
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I think what is also important to understand, is that; Cutfield...
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Last
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Mkt cap ! $6.375M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 2932500 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 6604982 | 12 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2432500 | 0.004 |
20 | 11661559 | 0.003 |
8 | 4499980 | 0.002 |
3 | 3800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6054982 | 10 |
0.006 | 6100555 | 5 |
0.007 | 1343681 | 6 |
0.008 | 606448 | 3 |
0.009 | 100000 | 1 |
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