IRD 0.00% 6.4¢ iron road limited

3 of worlds largest banks, page-10

  1. 36 Posts.
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    I've been waiting for the announcement re: project funding by Chinese banks. Without revisiting previous announcements to confirm specific dates and timelines, IRD was going to announce funding plans at the end of 2017.

    I made a phone call last week to ask why no updates or announcements have been made and was told they now expect to announce funding plans in mid 2018..

    IRD seem stagnant and possibly have all their eggs in one basket. Surely they could make some progress at Gawler if not CEIP? Or perhaps they'd like to focus on becoming rail and port operators haha

    Either way IRD's silence is doing nothing for shareholders and prospective investors.. For such a 'big' project to achieve success I would think requires more balls from a company
 
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