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33.3% 0.2¢ ironbark zinc ltd

This is why Bacchus is involved. I would be very surprised if...

  1. larrygerry
    1,077 Posts.
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    08/10/21
    17:20
    Post #: 56668636
    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).
    IBG Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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