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0.5¢ ironbark zinc ltd

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

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Sander51

2,930 Posts.

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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 0.000(0.00%)		Mkt cap ! $7.969M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
11	7346027	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	7329982	13

View Market Depth

No.	Vol.	Price($)
11	7346027	0.004
11	6303569	0.003
6	3699980	0.002
2	2800000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	7329982	13
0.006	1239778	3
0.007	1917160	7
0.008	1306448	4
0.009	100000	1

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