IRD iron road limited

10.0%

2.7¢

Ann: 2021 AGM Chief Executive Officer's Presentation, page-7

First 7 Last

Share
Profile

Follow
hummms

1,529 Posts.

32

25/11/21

20:36

Post #: 57863854
Share

Originally posted by MGT4sa: ↑

The market is missing the IRD story and interestingly people do read this HC site, yet rarely leave comment. The retail shares available for IRD make up only 14% of the total, but retail needs to know how undervalued the company and its assets are. HC can help with that a little, and it is part of the reason I have invested here after having becoming passionate about the potential of magnetite mining in South Australia.

As you can tell by my pseudonym, my initial interest started with magnetite in the Braemar region and surrounds. However, my research revealed significant shortcomings with proposals to mine at scale there, something which is conveniently not covered in any detail by several companies hoping to go to production, by the company PFS and on their HC sites.
I’ll get to the point shortly, but the farm in party for IRD’s Gawler Craton Iron Ore assets is likely SIMMEC mining, whose resources of ore to supply the Whyalla Steel Works are near end of life. The Gawler Craton ores lye 25 Kms from a direct railway line to Whyalla. SIMMEC mining have previously tried to access new resources from Havillah tenements in the Braemar region.

Now you need to read this :

https://www.infrastructure.sa.gov.au/__data/assets/pdf_file/0007/119392/GFG-Alliance.pdf

I have not posted this on other HC sites as it would be considered down ramping.

It’s all about the Infrastructure.

You can’t just say “ we will use the existing railroad, ports, power, water, construct a slurry pipeline etc etc” What’s so good about IRD is that they never proposed to start small and grow using methods that could not support mining at scale. They have a massive resource, so do others, but you won’t see anything that resembles the Strategic linkages across the Eyre Peninsula, as highlighted in the IRD GM presentation. These are achievable goals for a company that already owns the Port land, and already has a mining license in place as well as most other approvals.

I could go on, I’m no genius and have probably dribbled to much already but come on people, have your say and together we can help get IRD to retail investors.

Expand

MGT,
IRD plays a straight bat
Things get announced [ once ] and they can then say you were told.
The 2021 AGM presentation mentioned as an aside that a prospective JV partner had lobbied for Gawler areas.
This is first time mentioned. It could have legs and IRD has such a vice like grip on their projects that nothing will happen unless they want it to. No hostile takeover would ever succeed.
It may pay you to seek and read ASX announcement 2.7.13 IRD -- see P12 -- for the note on future work.
See also P 5 where it is mentioned CEIP and Gawler have ""strong similarities"

IRD Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASE

Astute delivers high-grade lithium hits at Red Mountain

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

First 7 Last

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.

(20min delay)
Last 2.7¢		Change -0.003(10.0%)		Mkt cap ! $22.42M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.7¢	$2.428K	87.07K

Buyers (Bids)

No.	Vol.	Price($)
1	88555	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	80360	1

View Market Depth

No.	Vol.	Price($)
1	88555	0.027
1	150000	0.026
4	231682	0.025
1	400000	0.024
4	257046	0.023

Price($)	Vol.	No.
0.034	80360	1
0.035	90000	1
0.040	121966	2
0.060	67643	1
0.066	13400	1

Last trade - 14.55pm 25/07/2025 (20 minute delay)

IRD (ASX) Chart

Ann: 2021 AGM Chief Executive Officer's Presentation, page-7

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: 2021 AGM Chief Executive Officer's Presentation, page-7

Top Stories

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News