Maybe the market will wake up to IRD now ... or maybe it will wait for the environmental approval. When it does, we're looking at way more than 25c/shr.
A couple of issues from the report: 1. Objections from landowners should be treated properly and sympathetically - the landowners have invested time and money in their land and mustn't be railroaded out of their investment (pun intended). 2. Magnetite is indeed cleaner than haematite, but that has nothing to do with CO2. "CO2" and "clean" don't belong in the same sentence. Earth needs more CO2, not less, but in the current political climate no-one can see it (pun intended again).
IRD Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held