IRD

0.00%

6.5¢ iron road limited

The jigsaw is slowly being completed.All the edges have been...

First 4 Last

Share
Profile

Follow
hummms

1,519 Posts.

28

02/08/24

10:14

Post #: 75040292
Share

Originally posted by Martin288: ↑

I don't post on Hot Copper for IRD that much but gee how exciting was the Tactic Conference Presentation.
It must be the accountant in me but I was genuinely excited by the way it was spelt out and how the IRD are going about things.

Its in the top 10 green field sites in world for Magnetite, has all the permits ready to go,'shovel ready'. a Major international consulting firm quoted IRD in its top ten green fields so its getting world attention. Especially with the push to green .
IRD Has done an amazing job developing the Mine and Port strategy including solving the two major issues being water supply and power(Hydrogen deal with AMP).
With its side deals at the Port with SA Govt, AMP It has enough cash flow now to continue to develop the investment proposition including a stunning $426m royalty flow when AMP commence production.
Hats off to IRD board and management. Larry Ingle and team have worked very hard on this.

The government initiative of building desalination plant with an investment of $5b at Cape Hardy (FID pending) being the largest in the states history should show the generational significance of this project to Australia. It has been on the top ten projects of national Significance .Final Investment Decision in next 18 months.

Remember BHP, Fortescue , AMP and state funding feasability for desalination plant . Serious investment and the location is IRD Cape Hardy!

I am a holder for a very long time.
I am not aware of any project with as much of the risk diminished and as much upside.
We all understand its got risk as its not developed. But gee the up side from here seems to be well insured by IRD good management.
The huge holding by Sentient tends to keep this asset share price lacking any movement. No one is selling any large chunk. IMHO Sentient will soon have some calls from BHP, Fortescue and others to see if they are interested in selling to secure the asset. Its everyone's guess when this will happen but IMHO the major players are circling and doing their DD. There is no way BHP/Fortescue would commit to a feasibility on a project they don't own for nothing....IMHO They want to understand the economics of the site and then BANG!.Puchase. BHP and Fortescue are not a charity. Its getting a foot in the door for its shareholders so IMHO watch this space.
If not BHP/Fortescue then I am sure international players will come . It would pay for them not to wait till FID as that may make the price a whole lot higher...

Good luck to all holders like me. I am here to cheer this thing along.
DYO research. Not investment advice.
The train is leaving the station. All aboard!

Expand

The jigsaw is slowly being completed.
All the edges have been joined.
Most of the middle is complete.
We just need a genie to oversee the money flow.

IRD Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Tonight's US CPI data could set the tone for November. What are markets expecting?

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

IMA

Issues emerging as Australian companies tackle critical minerals challenge

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 2 more messages in this thread...

First 4 Last

Add IRD (ASX) to my watchlist

(20min delay)
Last 6.5¢		Change 0.000(0.00%)		Mkt cap ! $54.08M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	200000	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	65	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.061
1	8450	0.060
1	85333	0.057
2	215000	0.050
1	12000	0.045

Price($)	Vol.	No.
0.064	65	1
0.070	50000	1
0.080	11628	1
0.082	35600	1
0.084	15032	1

Last trade - 16.12pm 11/10/2024 (20 minute delay)

IRD (ASX) Chart

Day chart unavailable

The jigsaw is slowly being completed.All the edges have been...

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Tonight's US CPI data could set the tone for November. What are markets expecting?

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Issues emerging as Australian companies tackle critical minerals challenge

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

The jigsaw is slowly being completed.All the edges have been...

Top Stories

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Tonight's US CPI data could set the tone for November. What are markets expecting?

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Issues emerging as Australian companies tackle critical minerals challenge

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News