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0.3¢ ironbark zinc ltd

yep .. it is about being able to put the pieces of the puzzle...

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Burnside

1,585 Posts.

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06/01/17

09:05

Post #: 21712985
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Originally posted by djr67 ↑

I think the key to Ironbark's success lies in the fact below and it's a World Class Size Asset now with approval to mine -

"But the supply shortages could be enough to restart the rally, even if Glencore restarts production, said Michael Widmer, metals analyst at Bank of America Merrill Lynch in London. There are no blue-chip companies that put a big focus on zinc, limiting investment in the sector, he said. That is causing supply declines to outpace additions and may grow the shortages beyond what Glencore can fill."

“You had basically no supply growth,” Mr. Widmer said. “There’s no quick solution.”

http://blogs.wsj.com/moneybeat/2017/01/03/glencores-command-of-the-zinc-trade/

As above - there has been no real investment for almost a decade in Zinc and this is where IBG and JD have had the foresight...IBG's year is 2017 and the past 10-12 years of foundation work will prove it.

Cheers all and good luck.

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yep .. it is about being able to put the pieces of the puzzle together and seeing the big picture.

IBG Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $5.077M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$4.488K	1.495M

Buyers (Bids)

No.	Vol.	Price($)
19	21983646	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	2404153	3

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No.	Vol.	Price($)
19	21983646	0.002
5	7299989	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	2404153	3
0.004	30955031	20
0.005	8500330	6
0.006	4800000	2
0.007	715300	3

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