IBG 0.00% 0.3¢ ironbark zinc ltd

positive

  1. 731 Posts.
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    It's hard to hold your nerve when large sellers are around.

    The outlook for zinc is looking good for the next 5 or so years, and we/IBG own land that contains a lot of zinc so at some stage it is going to be in demand.

    I understand we are waiting to hear from the Chinese but now with a little money in the bank along with some of the worlds largest commodity players on the books, and advanced zinc projects scarce, even if the Chinese MOU isn't acted on we are still in a good position looking forward.

    There is enough zinc defined now but remember it is only confined by drilling, all estimates released say upwards of 300mt is up there so that's massive if true and would provide enough zinc for 25-35 years mine life.

    Heres a nice morning read for all holders.

    http://www.bnamericas.com/news/metals/zinc-price-outlook-more-compelling-than-other-base-metals-trevali-ceo
 
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