IBG 0.00% 0.4¢ ironbark zinc ltd

Not sure we will get much out of the Quarterly Reports (QRs)....

  1. 81 Posts.
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    Not sure we will get much out of the Quarterly Reports (QRs). QRs are not price sensitive annoucements and are likely to just provide the same information we already have. The only thing to watch out for is the progress on the shortlisting of Equity Partners is happening and the that July onsite with the EXIM and shortlisted Equity Partners is still on track to happen.

    IMO, the price will slowly start to build around June ahead of the July onsite, once the July onsite happens and the respective processes on selecting the prefered Equity Partner and finalising the EXIM are being completed Aug - Sep (assuming all goes well), the SP will start accelerating, my guess is into the 6s/7s. In the lead up to the annoucement in Oct/Nov 8s/9s. Post annoucement SP will depend on finalised terms for Equity Partner and EXIM (again assuming all goes well) would put 11/12s on this which will then start climbing in line with construction of the mine.

    (Note: the above is based on the current spot price for Zinc)
 
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