IBG 12.5% 0.5¢ ironbark zinc ltd

Ann: Change of Director's Interest Notice, page-14

  1. 41,336 Posts.
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    35% off take from the 2011 agreement with Glencore.

    "As part of the acquisition agreement, Ironbark has also granted Nyrstar a life of mine off-take agreement, in relation to Ironbark's 35% of the production of the Citronen zinc-lead deposit once commercial production commences."
    do not advertise external links.au/companies/news/156978/ironbark-gold-lands-nystar-as-major-investor-to-develop-citronen-zinc-project-in-greenland-2692.html

    Looks to me 70% gobbled up. I won't bother following their cross holding as I don't any interest in either of them.

    Mathematically that leaves 30% free carried for anyone else willing to do the funding to secure further off take I presume?

    Are you happy now?
    Last edited by AverageJoe: 15/10/19
 
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