You're a newbie to investing eastwest? Or just pulling our leg...
I've got a goldie, planning to issue their JORC by year end. Share price has tripled this year, market cap now $72M with $200M target by year end, years away from mining approval. Sound familiar? Many developers, especially in firming up their resource, are impacted by their commodity, when it runs. Even those with a established resource, but not yet approved will run. It's pretty basic stuff.
If you look back over the years at zinc prices and Ironbark SP you will see enough correlation. Zinc stocks don't tend to motor until zinc settles over $1 per lb as you will see with 5 mins research. IBG market cap is $27M with a JORC, BFS, strong partners, conservative NPV of $US600M and MOU with a leading engineering mob keen as mustard and willing to provide most of the finance. You might start here: http://ironbark.gl/projects/greenland/citronen/ unless you're just a butterfly.
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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¢ | $18.36K | 6.397M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 4577362 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 31208333 | 9 |
View Market Depth
No. | Vol. | Price($) |
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4 | 4577362 | 0.003 |
36 | 41987154 | 0.002 |
13 | 13549988 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 31208333 | 9 |
0.005 | 8600172 | 6 |
0.006 | 1250330 | 3 |
0.007 | 765300 | 4 |
0.008 | 731448 | 4 |
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