IBG - $20 Million Market Cap, close to $55 million spent on Exploration to this point plus $27 million was paid for the site...approx $82 million spent to be worth $20 million. At some stage the pendulum must swing and return on investment moves favorably.
Market Cap at $80 million we are worth 16.5c on today's shares on issue.
If we get 2 to 1 on investment - Market Cap worth $160 million we get 33c per share based on today's register.
The DFS has an NPV of approx $650 Million US from memory...so the scope is there.
IT"S COMING!! ...
GLA and DYOR.
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Volume has pick up and price moving higer, page-9
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $5.500M |
Open | High | Low | Value | Volume |
0.2¢ | 0.4¢ | 0.2¢ | $18.36K | 6.397M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4577362 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 31208333 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 4577362 | 0.003 |
36 | 41987154 | 0.002 |
13 | 13549988 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 31208333 | 9 |
0.005 | 8600172 | 6 |
0.006 | 1250330 | 3 |
0.007 | 765300 | 4 |
0.008 | 731448 | 4 |
Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
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