IRD iron road limited
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Agree Goldstar. IRD has addressed a lot of the risk inherent in...

  1. Hays
    219 Posts.
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    07/04/22
    15:08
    Post #: 60719243
    Agree Goldstar. IRD has addressed a lot of the risk inherent in new projects, including delivery risk. Beyond the DFS, they have finished a couple of optimisation studies which further improved the CEIP.

    A PFS is nothing more than a guide. Have a look at the poor guys over at ADN if you want an example of PFS/BFS changes. Their DFS gave a decent result this week, but not as good as the PFS so they are down 50% in two days.

    HIO has a way to go yet.
    IRD Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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