IRD 3.33% 6.2¢ iron road limited

It's only worth a punt if someone fronts up with the billions...

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  1. 1,946 Posts.
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    It's only worth a punt if someone fronts up with the billions required to get it to production, hindmost.

    Costs including interest? - About equal to revenue.

    Port? A very long way away and cost/logistics of transport from mine are insane.

    Government? This is SA. There's no financial backing available. The cost/benefit is a shocker.

    The Chinese banks? No answer by last Christmas as promised is the Chinese way of saying no.

    It's not worth a punt, in fact it's money down the drain, but good luck with your holding.
 
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Last
6.2¢
Change
0.002(3.33%)
Mkt cap ! $54.92M
Open High Low Value Volume
6.2¢ 6.2¢ 6.2¢ $1.24K 20K

Buyers (Bids)

No. Vol. Price($)
2 29750 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 23330 2
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Last trade - 10.21am 28/11/2024 (20 minute delay) ?
IRD (ASX) Chart
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