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0.00% 6.2¢ iron road limited

News: IRD Iron Road's central eyre iron project's estimated capital cost reduced by nearly US$300..., page-3

  1. hummms
    1,415 Posts.
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    05/07/17
    08:22
    Post #: 25669110
    Interesting stuff.
    The $1 m loan from Sentient came in after the books ruled off. So no debt will show on the books at 30.6.17
    One year ago there was a capital raising of about $11 m and $5 m of that was for day to day running of the company to last 12 months.
    Therefore my take on the $1 m raising is that we COULD expect a decision to construct the mine in 73 days
    IRD Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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