IBG 12.5% 0.4¢ ironbark zinc ltd

notice received, page-33

  1. 1,326 Posts.
    Have just sent the following to Rob. Shall post his he responds -

    Dear Rob,

    I understand you are probably very busy at the moment but is it possible for you to elaborate as to the reason for the recent Capital Raising for IronBark?

    Today's announcement comes as somewhat of a shock to investors (check out the HotCopper.com.au forum) who thought that we were in a very good position financially.

    It was only two weeks ago in the Quarterly Activities Report (in bold letters) you stated - "The Company remains well funded and well placed to progress the development of Citronen culminating in the targeted completion of a Definitive Feasibility Study towards the end of 2010."

    Perhaps you could share some reassuring words that I could post on the open forum for the other concerend investors?

    Thanks for your time.
 
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