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416 Posts.

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06/06/17

11:29

Post #: 25120164
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Originally posted by Dr.Bull ↑

Anyone have any idea how long till IRD goes up? As this is my 1st mining company I have bought into

I liked the fact it's more green, that the Chinese love how it's more green and it's approved to go ahead.

Couple of problems with locals, who I read can't hang their washing up if IRD were to proceed (only joking) and the concern that the mine will damage agriculture.

Bottom line is they had all those years to map out how the mine will be set up to generate maximum profit.

So any idea on what can go wrong? Or where mines who get this far fail?

As I can't seem to figure out what speed bumps might cause the most headaches

I know the price of Iron Ore is a no brainer.

Hope to get some constructive feedback about this.

Hope everyone has a good night

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When I do my math on planned infrastructure ie; mine site construction , rail infrastructure and the load out facility for shipping in Spencer Gulf - I do wonder about IRD ability to finance and also what the actual time frame for production actually will be.

IRD Price at posting: 19.0¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 6.0¢		Change 0.000(0.00%)		Mkt cap ! $54.92M

Open	High	Low	Value	Volume
6.0¢	6.0¢	6.0¢	$3K	50K

Buyers (Bids)

No.	Vol.	Price($)
2	28797	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	10352	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.068
1	10923	0.065
1	10000	0.055
1	19588	0.051
2	360000	0.050

Price($)	Vol.	No.
0.080	108459	2
0.085	124933	2
0.090	111119	2
0.100	1206	1
0.105	70000	1

Last trade - 10.48am 22/11/2024 (20 minute delay)

IRD (ASX) Chart

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