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0.4¢ ironbark zinc ltd

Ann: IBG Corporate Update March 2022, page-28

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jvdke

91 Posts.

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23/03/22

05:51

Post #: 60355759
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Originally posted by glendronach: ↑

Patience wearing thin. But when I see MC sitting at a ridiculous $50m balanced against proven certified reserves and huge potential I just gotta hang in. Problem is I am so old I might be dead by time this project gets going! I have drunk far too much Glendronach and beer chasers over the years. No EXIM draw down until they find equity partner means we have two fifths of sweet FA till we find one. SP goes much lower opportunists and vultures like Glencore may take us out just by dipping into petty cash. Pity more drilling not done to increase proven reserves. $4m in cash - they spend about 1.5m in staff, admin, interest, say $2m in exploration/drilling and they are responsible for EXIM DD costs - so we got maybe a year if we are lucky.

Time for a wee Glendronach - I need some comfort and come back in six months time if I am still alive. GLTA believers - my gut feel is we will get something out of it. Someone big will mop this up. But strongly suspect we will be like the dead soldiers in WW1 lying over the barbed wire fence with others running over our backs into battle and acquiring the bigger piece of the pie after we have done all the softening up.

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Why would we be the dead WW1 solders if we just keep holding for another while?

IBG Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $6.375M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$10.71K	2.679M

Buyers (Bids)

No.	Vol.	Price($)
6	1862436	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	9662418	13

View Market Depth

No.	Vol.	Price($)
6	1862436	0.004
17	9756899	0.003
8	4499980	0.002
3	3800000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	9662418	13
0.006	5939778	4
0.007	1343681	6
0.008	606448	3
0.009	100000	1

Last trade - 14.07pm 13/06/2024 (20 minute delay)


Last 0.4¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
0.4¢	0.5¢		0.4¢	1530004
Last updated 14.07pm 13/06/2024 ?

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