I have previously (15 months ago) pointed out that there were no discussions, no threads, no nothing wether the Mining Licence would be approved or not. It appears to be a forgone conclusion. It's hard to tell to what extent the ML is already priced in the SP but I don't believe it will jump too much upon approval.
Yes, ML is obviously important but it only leads us to the even bigger problem. Funding.
I bought in 3 years ago and I never thought IBG would take it all the way to production.
Once most of the risk is gone I think someone else will take it over.
Whom? Anyone's guess.
I'll be happy with a takeover offer at 50c in 2017-18.
Based on nothing at all...................
I have previously (15 months ago) pointed out that there were no...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $5.542K | 1.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1334435 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6504982 | 11 |
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| Last trade - 15.50pm 14/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |