IRL 0.00% 0.0¢ india resources limited

Everyone that bought today is at a lossbuy the end of the day...

  1. 10,175 Posts.
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    Everyone that bought today is at a loss
    buy the end of the day except the last buyer at 1.3
    Back to 1c once they do the figures on this.
    $8.3m per year to mine 300000 tonnes of coal.
    Lucky to make anything out of this at $28/tonne
    and they have to find $8.75m

    Just like the copper.
    Last quarter
    $3.064m
    Ore mined 105830t
    Grade 0.99%
    Recovery 94%

    That's 985t of copper.
    $3110 a tonne.
    Not to mention $2m a year for the perth office admin last 12 months.
    Every other owner would like IRL to do their work
    and sell on market.

 
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Currently unlisted public company.

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