IBG 20.0% 0.4¢ ironbark zinc ltd

Question: Yes, Citroenen is mothballed for the foreseeable...

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    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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