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So the Chinese Banks are going to finance this? Well in the...

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Lion2009

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26/05/17

10:24

Post #: 24926019
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Originally posted by BarryWarznal ↑

I have yet to see IRD's business model........ . . . says it all. ... I think with China's 2 largest banks and 2nd largest construction group & 83% of its Australian shares under one body that someone has more than likely done a business model....maybe they can answer your question , if you would consider asking them if they can afford it . I also think its worth noting that the downplayers are either not conversant or not genuine in their efforts , for had they actually done some diligent study they would find that IRDs scope is not comparable with other Mag mines locally or internationally for that matter ....plz if your going to talk sh it do it in a reasonable manner ....indeed it is simple maths.

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So the Chinese Banks are going to finance this? Well in the words of Jerry Maguire "show me the money".
How is it no Australian Bank will touch them? Good question!
I answered it previously. Not gonna happen mate!!

IRD Price at posting: 24.0¢ Sentiment: None Disclosure: Not Held
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Last 6.4¢		Change 0.000(0.00%)		Mkt cap ! $53.25M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.4¢	$136	2.114K

Buyers (Bids)

No.	Vol.	Price($)
1	660	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	15032	1

View Market Depth

No.	Vol.	Price($)
1	5619	0.063
1	175682	0.060
1	200000	0.050
1	12000	0.045
1	85333	0.042

Price($)	Vol.	No.
0.070	15032	1
0.075	11628	1
0.082	35600	1
0.085	44045	1
0.090	45028	1

Last trade - 10.52am 01/11/2024 (20 minute delay)

IRD (ASX) Chart

So the Chinese Banks are going to finance this? Well in the...

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