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3.33% 6.2¢ iron road limited

IMHO IRD have worked out there is no chance of them getting...

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  1. osr1986
    1,955 Posts.
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    01/05/13
    14:15
    Post #: 11709153
    IMHO IRD have worked out there is no chance of them getting $3-4B capex in the short term.
    If the Gawler project is good they can maybe raise 300-400M capex and have a little project that pulls in maybe 100-200M per year (depending on the opex)
    That would bump up the SP and at least give them more options around future financing for CEIP.
    Gawler could come on board quite quickly.
    IRD Price at posting: 19.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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