NPV8 - US $1,034 Million as per updated BFS released to the...

NPV8 - US $1,034 Million as per updated BFS released to the market September 2017, mining licence in the bank, financier appointed.

NPV8 at today's AUD Rate - $1,299,292,395.74

http://www.xe.com/currencyconverter/convert/?Amount=1034000000&From=USD&To=AUD

At current Mkt cap $46.02M IBG would need to grow 28 times to meet that NPV8, even if IBG get a quarter of the way there it's still 7 times current share price. To think there is a 7 bagger there, and IBG are only quarter of the way there is crazy, what's even more crazy is, at one tenth, IBG's share price at 0.24c

One tenth of BFS NPV8 puts IBG at 0.24c

Good times ahead for traders and investors over the next few weeks/months as plenty of room to move.

IBG is so far behind...

GLA.