IBG 20.0% 0.2¢ ironbark zinc ltd

All is good Yatchy Good things take time IMO, there are higher...

  1. 21,295 Posts.
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    All is good Yatchy

    Good things take time

    IMO, there are higher risks and red flags on the ASX

    Imagine if we were dealing with some ex liquidation small miner with over 1 billion shares and with one overseas 80% holder who has been producing for nearly 12 months and is just managing to pay off the majority holders private bills and debts and has barely enough cash to last another quarter- relying on loans from within for years on end to avoid the inevitable -bankruptcy

    IMO,
    Always Research small caps with huge projected CAPEX's that have negative cash flows even though producing and that have never been able to raise capital and are slowly diluting themselves out of existence

    DYOR
 
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