ZINC 0.08% $2,575.9 zinc futures

Ironbark Zinc - ASX Code: IBG It has the below Citronen - this...

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    Ironbark Zinc - ASX Code: IBG

    It has the below Citronen - this is the pick of my bunch. Mining Lisc due any day now. 10 years of work behind it with close to $80 Million aussie spent to get it to this stage. ($27 Million for the project and $53 million on feasibility and Mining Lisc application process). The sheer size of the project being world class. It's a Cracker!

    Citronen Project’s Feasibility Study

    In April 2013, Ironbark was pleased to release the results of the Citronen Project’s Feasibility Report, which confirmed the Citronen Project as a globally significant lead-zinc project.
    Highlights of the Feasibility Report included:
    • NPV: US$609 Million (US$354M post tax)
    • IRR: 32.0% (22.2% post tax)
    • Equity Return: 37.9% (Geared NPV after tax)
    • Capital Cost: US$429.3 Million inc contingency (US$484.8M with First Fills)
    • Operating Cost: US$0.59/lb Zn (Payable, Net of by-product credits, Years 1-5, Smelter fees additional US$0.12/lb Zn)
    • Mine Life: 14 years
    • Life of Mine Operating Costs: US$3.42 Billion
    • Life of Mine Revenue: US$5.65 Billion
    http://ironbark.gl/projects/greenland/citronen/
    Last edited by djr67: 25/07/16
 
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