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3.33% 6.2¢ iron road limited

What is the limit?, page-42

  1. Lion2009
    938 Posts.
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    08/05/17
    11:15
    Post #: 24538269

    It's the only thing that is relevant..

    IRD has been around for years. The project could not get legs when the IO price was double it is today, and has got no chance now.

    Like I said the macro economics don't work. So it won't get up no matter what you may wish for..

    It's not worth spending $4.5B on only to return a loss...

    I repeat there will be no new magnetite mines in Australia for many years to come...
    IRD Price at posting: 24.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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