IBG 0.00% 0.5¢ ironbark zinc ltd

RESOURCEStocks Q&A: Ironbark's MD, page-35

  1. 192 Posts.
    lightbulb Created with Sketch. 6
    Even if we get finance, which I think we will, the upside is highly limited as western financing will leave us with 40% of capex to be raised via equity. That will dilute the crap out of us. Unless nfc is charging extortionary fees or insincere, nfc is the way to go. There will only be upside if JD demonstrates how he can make up for the shortfall. It's about time Denmark chips in, it's excellent development aid. C'mon JD, wine & dine the Danish PM.
    Last edited by SpitfireX: 03/06/18
 
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