You forget one key thing, Forge: CSD is an Australian producer, not a spec like IBG that needs $600 million to get its project up and running, if it ever gets a mining licence, that is.
The zinc price is well over $2400 per tonne in Aussie dollars.
That's the beauty of investing in local companies that are positive cashflow.
Good luck with IBG, which is now down near 40% and looking to fall below 5 cents again.
Ann: Research Report, page-20
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