Another brick in the wall for Iron Road
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See page 21 for mention of IRD
I don't understand why Fortescue has got an invite to the party.
Probably the balance sheet can accommodate a sustained cash drain.
It is the IRD remit to develop and then sell.
I predict IRD will accept a juicy bid from Fortescue in due course.
Northern Water Supply Project - Cape Hardy Desalination Plant, page-2
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