IBG 0.00% 0.3¢ ironbark zinc ltd

Where is our boat?, page-33

  1. 242 Posts.
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    Bloody confusing - Announcement 21 Mar 18
    “We are taking a ship to site that will allow us to mobilise a large amount of supplies such as fuel and equipment in preparation for large scale operations. Ironbark intends to take in mining equipment to commence breaking ground this year and other site works. This will ensure that when financing of the project is completed, with the assistance of Cutfield Freeman & Co, we can hit the ground running towards first zinc production without the delays of waiting for these long lead time items. We are pleased to be assembling the team and contractors to commence this definitive step towards becoming a major zinc producer. Further appointments are planned to be made in the near term.” The wholly owned Citronen Zinc Project is exceptionally well placed to meet the strong and growing global demand for zinc, and represents a large scale, high margin operation in a stable and safe jurisdiction. Citronen is held under a granted 30 year Mining Licence. Ironbark is continuing working towards project financing and remains confident that the project economics against the current zinc price remains compelling. Shipping Provider With the assistance of expert ship operators Ironbark is in negotiations with shipping groups to contract a vessel for later this year. The ship is expected to arrive in Citronen in mid-August. Ironbark will have a team on site to assist in the vessel discharge and to immediately commence preliminary site works.
 
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