IBG 0.00% 0.3¢ ironbark zinc ltd

Hartley's were involved in the last CR. No doubt they'd love a...

  1. 1,109 Posts.
    lightbulb Created with Sketch. 420
    Hartley's were involved in the last CR. No doubt they'd love a piece of the development financing, but it isn't needed. The existing MOU with NFC contemplates construction covered with 70% debt and 20% project stake on some NPV multiple. Conceivably the 20% project stake can cover the remaining 30% development cost, with sufficient working capital for a few years. Latest info is they're considering even higher levels of funding from NFC- quarterly report.

    Hartley's predictions of billions of new shares in their report are just wishful thinking.

    Any further CR will not be forced and at a much higher price.
    Last edited by Patron: 23/08/17
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $5.077M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $7.258K 2.434M

Buyers (Bids)

No. Vol. Price($)
21 28828646 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 2500000 1
View Market Depth
Last trade - 10.24am 08/08/2024 (20 minute delay) ?
IBG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.