IR1 9.38% 35.0¢ iris metals limited

Bigowey: that is a paid advertisement Melman: Indeed! JandJ: A...

  1. 90 Posts.
    lightbulb Created with Sketch. 96


    Bigowey: that is a paid advertisement

    Melman: Indeed!

    JandJ: A PEA or Scooping Study includes metrics such as inferred resources that do not comply with JORC standards and as such carry little or no weight at all.

    The Pre feasibility study will be more interesting but even that is just a baby step. Finance demands a DFS and that is at least 18 months away and another CR to pay for it, at the very earliest. It is very premature to be discussing processing when the company has not even produced an MRE yet. Comparison with Liontown?

    Kruiser: No brainer it will be low cost? The resource is not high grade and the metallurgy is unknown so far to early to be confident in production costs.

    MoonRocket: lol

    Wadegarrett: those are not shadows holders are jumping at.


    I would not be holding at these levels because I think you will be able to buy back in around 70 cps. The graph is ugly.

    https://hotcopper.com.au/data/attachments/5797/5797101-f7ce9a99bfad00db2e229dce08d9197a.jpg
 
watchlist Created with Sketch. Add IR1 (ASX) to my watchlist
(20min delay)
Last
35.0¢
Change
0.030(9.38%)
Mkt cap ! $45.33M
Open High Low Value Volume
32.0¢ 35.0¢ 31.5¢ $88.39K 270.2K

Buyers (Bids)

No. Vol. Price($)
1 50000 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 19824 4
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
34.0¢
  Change
0.030 ( 7.94 %)
Open High Low Volume
32.0¢ 34.0¢ 31.5¢ 11239
Last updated 14.43pm 10/05/2024 ?
IR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.