Ann: IBG Option over Pilbara Projects, Completes $0.6m Placement, page-16

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MasterStrategist

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09/01/24

16:27

Post #: 71796908
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Originally posted by nro: ↑

Still holding.
Just thought Id pop in to enjoy the silience of no longer having to kick the footy around.
No one believed me. But the games over now and the job got done.

I think IBG is now a long term hold. Like many miners. You know the ones where you look at the sp charts and think to yourself "If only II bought at those prices a year ago".

The luxury with IBG is its inches from news of interest from a venture partner once sector interest recommences. It doesnt need to go find anything underground for its sp boom. It just needs a shift in the sectors sentiment and its next in line for stardom.

The compounding return of that outcome would surely impress enough to make the hold well worth the wait....many times over.
Im sitting tight with fingers crossed.

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Ditto . I call my IBG holding - 'My Outrider.' That penny dreadful stock in the critical metals sector that has acquired all approvals and finance to mine a substantial deposit in a geopolitically friendly country. There remains only one final cog in the IBG machinery to start the excavators. On a fundamental basis I look upon this stock as one that has the "potential" to become a >30c/60c stock with just one unambiguous, positive announcement. That one final cog - delivery unknown.

IBG Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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