IBG 0.00% 0.3¢ ironbark zinc ltd

Buyitlow, I qualified the word marginal with the POZ, I did not...

  1. 42,335 Posts.
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    Buyitlow, I qualified the word marginal with the POZ, I did not say it is marginal. Feasibility opcost = 0.68c, currently 0.98C so it is economic currently if they push the development button.

    Feasibility numbers are not set in stone. Geology may varies once operation starts etc. If you look at POZ on a weekly chart, it has been rangebound so interem POZ can just as easily make the project marginal to economic is what I am saying.

    People are getting the idea I am down ramping for the sake of it. I am just studying the numbers and the environment (economic) it is in. The mine development phase is the most delicate part of the life of a company with many risks etc.. Get in early or get in late is how I approach any company with mining aspiration.
 
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