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0.00% 6.2¢ iron road limited

A very rough "back of the envelope" calculation has me thinking...

  1. FoxyInvest
    322 Posts.
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    03/05/17
    13:02
    Post #: 24438798
    A very rough "back of the envelope" calculation has me thinking that they are sitting on aprox 600 million tonnes of exportable ore which at current prices is 40 odd billion bucks.

    Can someone more knowledgeable than me confirm if my numbers are correct?
    IRD Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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