Ann: Capital Raising, page-47

IMO there hasn't been a lot of new significant progress.

There is little evidence from the BOD of expediency. Personally I believe this is because they stuck to the avenue of using Chinese funds rather than exploring the global market more.

I also wonder what the lack of drive is behind Glencore as a major holder to not be pushing this along also....other than committing 50 mill or so for future development.

Zinc prices are high presently and I see Glencore has plans to re open some of the zinc mines they previously closed a few years ago...why not the worlds largest deposit????

Anyway, its a little frustrating and confusing that we have to wait, wait ,wait for our Chinese partners twhen places like the DRC are rocketing ahead at warp speed, also backed and funded by the Chinese.

If IBG aren't careful they could very well miss this Zinc bull market.