IRD 0.00% 6.2¢ iron road limited

Hey guys, also looking for an investment opportunity though i am...

  1. 664 Posts.
    Hey guys, also looking for an investment opportunity though i am still a little confused at the I/O grade of IRD.

    17% Fe is reported and thrown around, though there is also the JORC of 70% figure that i dont understand how the two figures compare.

    Looking to increase its JORC by 800mt; will this be 800mt at 17% Fe or 70% Fe.

    If anyone would like to enlighten me on how i can make heads and tails of the resource, and the relevant Fe grades associated with it.

    I'm guessing this company is a little harder to work out, and if thats the case, might be the reason for being undervalued.

    Goodluck holders.
 
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