IBG 0.00% 0.3¢ ironbark zinc ltd

positive news all round, page-22

  1. 12,638 Posts.
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    Funding usually comes 6-12 mths after BFS. I'm assuming between Oct 2013 - April 2014.

    Zinc stock depletion = zinc price shooting up = easy funding facilitation

    Funding is still possible in this tight market, recent Zinc projects funding from China bank this year.

    1) MMG dugald river zinc project in Qld ($1b funding went ahead)

    http://www.townsvillebulletin.com.au/article/2013/06/28/384484_business.html

    2) Ozernoy Zinc in Siberia (NFC 50% acquisition & guarantee construction)
 
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