Thoughts on...., page-7

First 7 Last

Share
Profile

Follow
FiendishRedbeard

9,111 Posts.

908

22/11/16

09:05

Post #: 20781449
Share

Originally posted by Wanderdog ↑

Hi djr67,

Thank you for your input and calculations. I do want to make one amendment and no offence intended, if NPVis $800m assuming we have 1 Billion shares on issue (=80c per share), we do not divide the share price by 2 as only 500M shares are on issue, we actually TIMES it by two as the shares are worth twice as much rather than if they were diluted to 1 billion shares.

This in theory means that the overall calculations can be doubled in this analogy, which is a rather good breakdown for simplicity of reference to where we should be come ML approval.

I do believe that the 30 - 40 cent range is where the market will gauge our project as being valued at at come ML approval, which does seem to be a fair assumption comparing historical ML comparisons.

keep the updates flowing, I look forward to the trading halt which we all know is coming. According to the Powerpoint presented from the Greenland Government to the Danish Government approximately 2-3 months ago the mining licence is ready for approval by the end of the Autumn sitting of Parliament. I do not have time ATM to dig up the link to this Powerpoint but it was in IBG Hot Copper posts within the last 2-3 months. Quite a good read and will get the reader excited to purchase more shares, remembering that this was presented to the Danish Parliament. If you find it, its in Danish so Google translate works. If anyone finds it, please repost as I think new readers would appreciate the importance of this presentation.

Wanderdog

Expand

Worth watching, seems to have consolidated 8c break before moving higher again.

IBG Price at posting: 8.7¢ Sentiment: Buy Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

HAS

Hastings progressing Yangibana to production with lower costs

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

There are more pages in this discussion • 8 more messages in this thread...

First 7 Last

Add IBG (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $3.667M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
32	43208972	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	2754732	5

View Market Depth

No.	Vol.	Price($)
32	43208972	0.002
12	12600487	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	2754732	5
0.004	27408333	8
0.005	9133505	8
0.006	1250330	3
0.007	765300	4

Last trade - 16.12pm 30/09/2024 (20 minute delay)

IBG (ASX) Chart

Day chart unavailable

Thoughts on...., page-7

Hastings progressing Yangibana to production with lower costs

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thoughts on...., page-7

Top Stories

Hastings progressing Yangibana to production with lower costs

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News