The problem with Zinc miners is not how large the size of the resource but the cost of producing the metal. Judging by the price of Zinc, there aren't many producers with any form of profit margin. IBG imo has a major resource in greenland but until Zinc prices improves, the SP will remain stagnant. Looks like it may take years to turn around the Zinc prices given that US, EU and now Japan is in recession. A lot of patience is required!
The problem with Zinc miners is not how large the size of the...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.833K | 1.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2117531 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5429982 | 9 |
View Market Depth
| Last trade - 15.05pm 21/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |