My concern for IRD is that it's in SA (stay away)... It won't benefit the locals much persay... The only benefit is royalties and from regulation view point I can see cost over runs because of the Unions wanting to profit anyway they can...
Olympic Dam expansion didn't go ahead because of economics (Government greed) and many other mining projects stalled because of regulatory red tape. Just be careful with investing into south Australian projects, I left because of the risk reward cost benefit analysis...!
IRD Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held
