This is way undervalued imho. There are many companies which are +3 years away from production and attract market values in the billion dollar range. Karoon gas is an example. $51 million for the biggest undeveloped zinc and lead mine in the world is farcical. I hope Nyrstar come knocking. They could probably steal it for 50c per share. If somebody at IBG introduced themselves to the Chinese, this would be a multi banger in an instant.
IBG Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
