I think that there is a greater similarity to GBG.
The potential size of the resource looks exciting. They are making steady progress to increase the JORC resource.
As with other iron ore companies the share price has been hammered by the extortion tax. The share price is also undoubtedly under pressure due to the option conversion before Sept 30.
Maybe what happened with Cape Lambert is what will happen with IRD, or the company has to find someone with very deep pockets cf GBG.
I still think that there is good money to be made here in the short/medium term.
discussions ?, page-2
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7525 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 61000 | 1 |
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| Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
| IRD (ASX) Chart |
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