Yes, your valuations djr might seem overly optimistic for some,...

Yes, your valuations djr might seem overly optimistic for some, especially if they're only experience with IBG has been over the last 6 months. The horror run with oil and iron ore has a lot to answer for as the zinc fundamentals have little changed, especially after Glencore dumped stocks into the LME system around Sept last year.

Citronen is a quality project with pretty much everything in place other than the zinc price! $20M valuation now is ridiculous looking at the zinc situation, which the analysts and industry are almost screaming about these days

There is enough evidence for me that this time, the deficit is real and if anything widening. We've seen what happens when the zinc price moves along - as they did last year and the year before when inventories were over 50% higher than they are now. The potential with the impending "real deal" run is awesome.



Sleeping soundly with Ironbark...