IRD 0.00% 8.0¢ iron road limited

speeding on no news, page-7

  1. 1,516 Posts.
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    Not so sure about CAP.
    They propose slurry pipe to the railway line. Water comes from borefield just like IRD
    IRD will stock 3 carrier shipments at their port, what will CAP do ? What is water depth at Port Pirie ? Will it take cape size carriers ?
    What is the CAP grinding cost to 30 microns ? What is IRD grind size ?
    My guess is that CAP are 3 years less advanced in drilling results to change classification from Resource to Reserves.
    CAP have a group of 10 investors interested. It will be like herding cats.
    IRD has proved it is hard enough partnering one investor.
 
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