IBG 12.5% 0.4¢ ironbark zinc ltd

New to IBG - zinccan someone pls explain what is the potential...

  1. 123 Posts.
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    New to IBG - zinc

    can someone pls explain what is the potential value of this project
    do aus investors understand this co or is there some misunderstanding of value

    MC = $14m
    proejct (proven resoruce and FS) cost of up to $80m
    Exim loan (preliminary) $600m subject to equity

    surely this should have a higher valuation based on Zn asset

    it could easily acquire another asset to work on whilst each for equity partner US or otherwise continues (it will come as deposits off this size are RARE!!)
 
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0.4¢ 0.4¢ 0.3¢ $10.50K 3.001M

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