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12.5%

0.5¢ ironbark zinc ltd

We better hope that they turn up something on their W.A....

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Sander51

2,917 Posts.

469

12/03/24

09:35

Post #: 72849913
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Originally posted by IvRoche ↑

Question: Yes, Citroenen is mothballed for the foreseeable future. NPV 363m based on a 20 year LOM -> using Zinc price assumption of USD ~1.28 /lb and Lead ~0.95 /lb - was any optimisation work ever completed on the project to reduce costs / maintain NPV? (Just curious)

Outlook for Zinc is about 1.18 /lb over the next years as the supply glut works it's way through, hopefully a few more miners and smelters will turnoff / pull back on production which will boost prices but that's more of a hope than anything.

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We better hope that they turn up something on their W.A. tenements very soon because the current cash won't last very long!
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IBG Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.001(12.5%)		Mkt cap ! $7.172M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$135	30K

Buyers (Bids)

No.	Vol.	Price($)
14	9123622	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	400000	2

View Market Depth

No.	Vol.	Price($)
14	9123622	0.004
11	9923569	0.003
5	3449980	0.002
2	2500000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	400000	2
0.006	2656912	4
0.007	3008236	6
0.008	1306448	4
0.009	100000	1

Last trade - 11.06am 15/05/2024 (20 minute delay)


Last 0.5¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
0.5¢	0.5¢		0.5¢	70000
Last updated 11.06am 15/05/2024 ?

IBG (ASX) Chart

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