IBG 0.00% 0.4¢ ironbark zinc ltd

Just to add to your post Yeatesy.The Citronen Project is a...

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    Just to add to your post Yeatesy.

    The Citronen Project is a relatively simple predominantly underground room and pillar mining operation that concentrates the
    ore through industry-proven Dense Media Separation (DMS) and Flotation techniques to produce saleable separate zinc and
    lead concentrates to the world markets.
    Table A above demonstrates the sensitivity of the project’s economics at a range of zinc prices. Every US$100/t
    increase/decrease in the zinc price adds or reduces by approximately
    US$100M to the pre-tax NPV and every reduction reduces
    the pre-tax NPV. The financial model applies annual indexing to all cost and prices using a CPI rate of 2.5%.
    Plus remember it has been stated that there is a mine life of yes 100 years.

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