In IBG:
1. We have a project with a pre-tax NPV of over a billion dollars and a payback of under 3 yrs and IRR of 36% (done at lower Zn price)
2. Operating costs are 68c/lb - current zinc price is over $1.60/lb. Questions over supply in the next 2-3 years, but demand is not going south any time soon.
3. 6mil just raised.
4. Here's the bad news? The market cap is only 39 million
OK. It's a punt re: funding and nobody knows when funding will be in place, but with good fundamentals and many of the boxes already ticked, it's an attractive punt to me that could result in huge returns. The SP and future raising will take care of itself, once funding is announced.
Note re: NFC - China does completely shut down during Chinese new year until early March.
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Mkt cap ! $4.584M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $60 | 24K |
Buyers (Bids)
No. | Vol. | Price($) |
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43 | 57186661 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 1466731 | 3 |
View Market Depth
No. | Vol. | Price($) |
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43 | 57186661 | 0.002 |
13 | 13549988 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 1466731 | 3 |
0.004 | 30533333 | 9 |
0.005 | 5333400 | 4 |
0.006 | 1250330 | 3 |
0.007 | 605300 | 3 |
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