IBG 50.0% 0.3¢ ironbark zinc ltd

The Financing Arrangement, page-35

  1. 389 Posts.
    Contained Zn metal is indicated to be a lot higher in the first few years.

    Recovery rates were also indicated in the PFS.

    WoodMackenzie is forecasting a new medium-term Zn level of $3747/t ($1.70/lb), so your profit figure may in fact turn out to be US$426,699,910.

    It is quite clear that only a small minority think the Zinc rally is here to stay. Perhaps we should suggest Jonathan Downes to hedge 5 years out. Generating this much cash per year for 5 years...not even the doubters can criticise the bank balance.
    Last edited by chutoro: 18/08/17
 
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