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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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.231M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $875 | 350K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 28594987 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 2799186 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 28594987 | 0.002 |
10 | 10900488 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 2799186 | 4 |
0.004 | 33581789 | 20 |
0.005 | 2500000 | 4 |
0.006 | 5000000 | 3 |
0.007 | 715300 | 3 |
Last trade - 11.11am 21/08/2024 (20 minute delay) ? |
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IBG (ASX) Chart |