In the current market environment and ongoing Covid saga in China the majority of shares are down as money is pulled from the market.
However, the fundamentals of the project remain the same plus Zinc is still 1.67 ish per lb (37c above the BFS), LME Zinc stocks are continuing to plumb new lows. These help the case.
Ultimately, IBG is still a binary play, we either get the funding (debt/equity) or we don't and there is still some months before we know the outcome. So a declining SP in this market doesn't really bother me so much as it's all about how the Financing is put together and project economics at this point.
In the current market environment and ongoing Covid saga in...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $10.03K | 3.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2153855 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 28379459 | 15 |
View Market Depth
| Last trade - 15.34pm 06/09/2024 (20 minute delay) ? |
| IBG (ASX) Chart |