IRD iron road limited
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Abit of movement today off a low base.Too small to be anything...

  1. GoldStar112
    1,026 Posts.
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    02/09/21
    12:54
    Post #: 55779994
    Abit of movement today off a low base.

    Too small to be anything material - but maybe someone is quietly speculating on Portalis / Cape Hardy Stage 1 hitting financial close (which was slated for Q3)

    This would be a useful catalyst to turn around the SP. For IRD, Cape Hardy actually gives them infrastructure like returns which could come online ahead of mine production. Or they could sell off their share of Portalis once it’s commissioned and use the cash to fund their future share of development.

    Theres a lot of pools of value here - im not sure the market fully understands this. They only see a high capex mine development. IMO





    IRD Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $33.14M
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4.0¢ 4.0¢ 4.0¢ $400 10K

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No. Vol. Price($)
1 76923 3.9¢
 

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Price($) Vol. No.
4.0¢ 221966 2
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Last trade - 10.17am 19/06/2025 (20 minute delay) ?
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