Magnetite V's Haematite, page-15

I have yet to see IRD's business model........ . . . says it all. ... I think with China's 2 largest banks and 2nd largest construction group & 83% of its Australian shares under one body that someone has more than likely done a business model....maybe they can answer your question , if you would consider asking them if they can afford it . I also think its worth noting that the downplayers are either not conversant or not genuine in their efforts , for had they actually done some diligent study they would find that IRDs scope is not comparable with other Mag mines locally or internationally for that matter ....plz if your going to talk sh it do it in a reasonable manner ....indeed it is simple maths.