IBG 0.00% 0.4¢ ironbark zinc ltd

My target of $3 is predicated on: 1) massive resource 2) price...

  1. 389 Posts.
    My target of $3 is predicated on:

    1) massive resource
    2) price of zinc exceeding all time highs
    3) once upon a time people used to value exploration assets...these past few years, mining investors have never been more fearstruck. It has been the longest commodity downturn in history up until recently.
    4) more debt funding and upfront zinc sales, less equity raising
    5) NPV and share count less pessimistic than others' opinions
    6) the pendulum swings from commodity fear to real hard asset appreciation

    Note 3-5 years is an acceptable wait for $3 per share.
 
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