IBG 0.00% 0.4¢ ironbark zinc ltd

Potential Acquisition and capital raising., page-2

  1. 81 Posts.
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    Now that would be nice but after having a scan of some of the terms of the Convertible Note i.e. Libor plus 5% and implications for IBG board structure etc -> it's extremely unlikely to post zero that they will go down this route as IBG could never service the interest unless they bought an operating mine (which we cannot afford to do).
 
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