Thanks, exactly! I’ve got my wife to read your post and desert...

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IRD4sa

64 Posts.

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28/04/22

18:33

Post #: 61080356
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Originally posted by Hays: ↑

All I can really add to your comment is that IRD is years ahead of the other SA magnetite hopefuls. Why? They drilled and drilled and drilled during the GFC and announced a Resource, Reserves (possibly largest in Aus), BFS, had the project approved by government and then even did more work to (significantly) reduce the capital intensity. They even took the results to the steel mills. They purchased a port site, sought interest to use the port from others and then that was endorsed by Infrastructure Australia.

They have done the hard yards.

IRD now needs a project partner to assist in funding. Most others are not ready to sign up a partner. I agree that the market caps are out of kilter, but I don't expect it to stay that way for long.

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Thanks, exactly! I’ve got my wife to read your post and desert has just rocked up. I guess she needed to hear from someone other than me. Not much hope of getting more IRD investment funds, but I’ll keep trying.

IRD Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change -0.004(9.09%)		Mkt cap ! $33.14M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.0¢	$2.401K	60.02K

Buyers (Bids)

No.	Vol.	Price($)
1	76923	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	354591	5

View Market Depth

No.	Vol.	Price($)
1	76923	0.039
3	350135	0.037
1	127000	0.035
1	100000	0.030
2	325000	0.025

Price($)	Vol.	No.
0.045	354591	5
0.060	67643	1
0.066	13400	1
0.082	35600	1
0.120	5000	1

Last trade - 12.28pm 17/06/2025 (20 minute delay)

IRD (ASX) Chart

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