Significant news for IRD - major funding announced for NWS.
All the big players (BHP, FMG, Origin, and importantly IRD’s hydrogen partner Amp) are funding pre FID costs of $200m - $230m, and are most likely going to be the offtakers for the water
Cape Hardy is the preferred site for the desalination plant - this will have re-rate the land valuation
Stage 1 to be complete by 2028
$5bn capex
https://www.premier.sa.gov.au/media-releases/news-items/industry-and-government-to-partner-on-next-stage-of-northern-water#:~:text=Attributable%20to%20Anna%20Wiley%2C%20BHP,benefit%20multiple%20sectors%20and%20businesses
Let’s see if the market bothers to notice
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.92M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $714 | 23.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 33111 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 59554 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33111 | 0.028 |
1 | 88555 | 0.027 |
1 | 150000 | 0.026 |
4 | 171682 | 0.025 |
2 | 915151 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 59554 | 2 |
0.031 | 190494 | 1 |
0.032 | 225360 | 2 |
0.035 | 90000 | 1 |
0.037 | 807 | 1 |
Last trade - 10.31am 11/08/2025 (20 minute delay) ? |
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