IRD 4.35% 6.6¢ iron road limited

Ann: Corporate Update and Board Changes, page-12

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  1. 220 Posts.
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    For a Company with a shovel ready project, key cornerstone Investor in Sentient, the top 20 shareholders own 92% of shares, the project is in the Governments Projects of National Significance( one of ten only),
    Having a Chinese finance partner is plagued with short term politics of trade wars but in the end China needs quality Iron Ore to feed their steel mills with more environmentally friendly Magnetite. This project has 20m tonnes per annum. So if China want it they will get it and this project will go ahead.
    Patience is required but this is a project thats good for Australia and eventually good for investors.
    This will be a project that Australia will be proud of one day. Get on while this share price goes down for now real reason as none of the major shareholders are selling their 92% holdings.
 
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