IRD iron road limited
Add to My Watchlist 16.0% ! 2.1¢

IMO 110Mt magnetite @ 19% Fe is nothing to celebrate about.The...

  1. mvp6996
    193 Posts.
    clock Created with Sketch.
    08/08/09
    18:29
    Post #: 5484692
    IMO 110Mt magnetite @ 19% Fe is nothing to celebrate about.

    The grade is crap. Most others have magnetite grades around 30% Fe and have a lot more resource.

    For example WPG, is also in South Australia, has the following resource:
    - 37 Mt @62% Fe Direct Shipping
    - 570Mt @ 36% Fe magnetite

    WPG has an issue with getting access to a port so its current market cap is only $33M.

    People will soon realise that that the IRD announcement is not that spectacular and the price will slide again.
    IRD Price at posting: 51.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ACW Actinogen Confirms 100th Participant in Alzheimer’s Disease Trial and Interim Analysis Timeline
right-arrow Created with Sketch.
NEWS 30,000m Diamond Drilling Commences at Napie Gold Project
right-arrow Created with Sketch.
NEWS High-Grade Scandium Assays Returned at Syerston from Drilling Campaign
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back
right-arrow Created with Sketch.
NEWS Equity Metals reports that drilling is underway on the Silver Queen Ag-Au property
right-arrow Created with Sketch.
NEWS Proteomics International granted first patent for endometriosis diagnostic blood test in Japan
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
2.1¢ 		Change
-0.004(16.0%) 		Mkt cap ! $17.40M
Open High Low Value Volume
2.5¢ 2.7¢ 2.1¢ $11.28K 491.7K

Buyers (Bids)

No. Vol. Price($)
2 47313 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 165911 2
View Market Depth
Last trade - 14.44pm 30/06/2025 (20 minute delay) ?
IRD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.