IBG 33.3% 0.4¢ ironbark zinc ltd

IBG SP / VALUATION THOUGHTS, page-278

  1. 1,067 Posts.
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    This is why Bacchus is involved. I would be very surprised if they would let their parcel of shares crash.

    There is a base value in the "project", so worst case the downside has been calculated by Bacchus.

    I can assure you that Trafi (via Nyrstar) and Glencore dont get involved into a project to lose money.

    On the retail side, it is more of a question of your personal exposure (your buy in).
 
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