Iron Road (IRD) 주식 개요Iron Road Limited는 호주에서 철광석의 특성을 탐색하고 평가합니다. 자세히 보기IRD 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석지난 3개월 동안 주가 변동성이 Australian 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(A$13M)수익이 USD$1m 미만입니다(A$134K)cash runway 경력이 1년 미만입니다.+ 위험 1건 추가모든 위험 점검 보기IRD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.016370.6% 고평가 내재 할인율Est. Revenue$PastFuture-183m8m2016201920222025202620282031Revenue AU$1.7mEarnings AU$232.1kAdvancedSet Fair ValueView all narrativesIron Road Limited 경쟁사Eminence MineralsSymbol: ASX:EMAMarket cap: AU$7.9mAKORA ResourcesSymbol: ASX:AKOMarket cap: AU$13.4mAccent ResourcesSymbol: ASX:ACSMarket cap: AU$22.5mJameson ResourcesSymbol: ASX:JALMarket cap: AU$35.6m가격 이력 및 성과Iron Road 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.01652주 최고가AU$0.0652주 최저가AU$0.011베타-0.231개월 변동14.29%3개월 변동-27.27%1년 변동-60.00%3년 변동-81.18%5년 변동-91.58%IPO 이후 변동-94.39%최근 뉴스 및 업데이트New Risk • Mar 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.1m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$92k). Market cap is less than US$10m (AU$14.1m market cap, or US$9.70m).New Risk • Mar 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$95k). Minor Risk Market cap is less than US$100m (AU$16.6m market cap, or US$11.7m).New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.3m market cap, or US$13.0m).분석 기사 • Feb 02Iron Road (ASX:IRD) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...New Risk • Oct 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: AU$7.7m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Revenue is less than US$5m (AU$7.7m revenue, or US$5.0m). Market cap is less than US$100m (AU$39.0m market cap, or US$25.3m).공시 • Oct 03Iron Road Limited, Annual General Meeting, Nov 26, 2025Iron Road Limited, Annual General Meeting, Nov 26, 2025.더 많은 업데이트 보기Recent updatesNew Risk • Mar 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.1m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$92k). Market cap is less than US$10m (AU$14.1m market cap, or US$9.70m).New Risk • Mar 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$95k). Minor Risk Market cap is less than US$100m (AU$16.6m market cap, or US$11.7m).New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.3m market cap, or US$13.0m).분석 기사 • Feb 02Iron Road (ASX:IRD) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...New Risk • Oct 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: AU$7.7m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Revenue is less than US$5m (AU$7.7m revenue, or US$5.0m). Market cap is less than US$100m (AU$39.0m market cap, or US$25.3m).공시 • Oct 03Iron Road Limited, Annual General Meeting, Nov 26, 2025Iron Road Limited, Annual General Meeting, Nov 26, 2025.분석 기사 • Sep 09We Like These Underlying Return On Capital Trends At Iron Road (ASX:IRD)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...New Risk • Sep 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (AU$25.8m market cap, or US$16.9m).New Risk • Jul 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Market cap is less than US$100m (AU$24.9m market cap, or US$16.2m).New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$33.1m market cap, or US$21.3m).분석 기사 • Mar 05Iron Road (ASX:IRD) Is Looking To Continue Growing Its Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...공시 • Oct 21Iron Road Limited, Annual General Meeting, Nov 22, 2024Iron Road Limited, Annual General Meeting, Nov 22, 2024. Location: offices of pricewaterhousecoopers, level 17, one international towers, watermans quay, barangaroo, nsw, Australia분석 기사 • Mar 01Iron Road (ASX:IRD) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...분석 기사 • Oct 26We're Hopeful That Iron Road (ASX:IRD) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...New Risk • Sep 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.2m free cash flow). Earnings have declined by 4.6% per year over the past 5 years. Revenue is less than US$1m (AU$1.0m revenue, or US$643k). Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (AU$66.3m market cap, or US$42.6m).공시 • Sep 19Iron Road Limited, Annual General Meeting, Nov 16, 2023Iron Road Limited, Annual General Meeting, Nov 16, 2023.Recent Insider Transactions • Dec 28Board Member recently bought AU$55k worth of stockOn the 23rd of December, Glen Chipman bought around 420k shares on-market at roughly AU$0.13 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$167k more in shares than they have sold in the last 12 months.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Executive Director of Commercial & Director Glen Chipman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Sep 22Iron Road Limited Auditor Raises 'Going Concern' DoubtIron Road Limited filed its Annual on Sep 20, 2022 for the period ending Jun 30, 2022. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.공시 • Sep 21Iron Road Limited, Annual General Meeting, Nov 17, 2022Iron Road Limited, Annual General Meeting, Nov 17, 2022. Agenda: To consider the re-election of Directors.Recent Insider Transactions • May 10Board Member recently bought AU$55k worth of stockOn the 5th of May, Glen Chipman bought around 300k shares on-market at roughly AU$0.18 per share. In the last 3 months, they made an even bigger purchase worth AU$57k. Insiders have collectively bought AU$165k more in shares than they have sold in the last 12 months.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Executive Director of Commercial & Director Glen Chipman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Feb 15Board Member recently bought AU$57k worth of stockOn the 11th of February, Glen Chipman bought around 300k shares on-market at roughly AU$0.19 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$110k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jul 07Board Member recently bought AU$52k worth of stockOn the 1st of July, Glen Chipman bought around 200k shares on-market at roughly AU$0.26 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$104k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jul 04Board Member recently bought AU$52k worth of stockOn the 1st of July, Glen Chipman bought around 200k shares on-market at roughly AU$0.26 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$104k more in shares than they have sold in the last 12 months.공시 • Jun 09Iron Road Limited Announces Central Eyre Iron Project Key Processingmetrics and Benchmarked AnalysisIron Road Limited announced the technical review undertaken by Metalytics, a highly regarded specialist consulting firm to the iron ore and steel industries, has benchmarked projected iron and mass recoveries from the Company's Central Eyre Iron Project (CEIP) with comparable Australian and Canadian high-grade iron ore concentrate projects. It has also assessed key characteristics of CEIP concentrate in the context of high-grade iron ore products in international trade. The CEIP hosts Australia's large magnetite Ore Reserve with a Definitive Feasibility Study (DFS) and post DFS optimisation studies complete. A key finding of the Metalytics report is that the coarse grain size and moderate hardness of the CEIP ore make it possible to reject 60% of the run-of-mine (ROM) mass early in the processing stage at the Rougher Magnetic Separation (RMS) step. Consequently, only the remaining 40% mass flow is subject to further beneficiation. This 40% stream is estimated by Metalytics to have an average iron grade of around 27.5% Fe, which is well within the usual range for magnetite mining operations. The resultant material is then beneficiated to the finished concentrate product (66.63% Fe per Metalytics analysis and modelling) at a mass recovery of 37% and an iron recovery of 90%. In Figure 1 below, Metalytics shows that these recoveries are favorable relative to appropriate comparative projects the existing or under-construction magnetite producers in Australia and high-grade coarse hematite concentrate producers in Canada. The 12Mtpa (dry) CEIP processing flow sheet is included in this release. Metalytics notes from the point that CEIP ore exits the RMS stage, its recovery parameters align with project peers. Further, because of the coarse-grained nature of the CEIP ore, its processing from that point is simpler, less energy-intensive and therefore potentially has lower operating cost than comparative projects from their respective ROM ore stages. Front end processing rejection of 60% material mass also has important and advantageous implications for unit capital intensity since this ore pre-concentration step substantially reduces the capacity that would otherwise be required for downstream processing. Bulk sample tests have shown that post RMS grades as high as 32.5% Fe are possible, depending on ROM ore quality and comminution specifics. In respect of ore hardness, uniaxial compressive strength (UCS) is a key physical parameter relevant to rock geomechanics for iron ore mining and crusher design. CEIP ore reports an average UCS of 110 MPa compared with approximately 450-600 MPa for markedly finer grained, significantly harder and more abrasive banded iron formation (BIF) magnetite projects in Western Australia. For reference, Clout & Manuel (2015) quote the following UCS ranges for Australian iron ores: friable 20-35 MPa, medium hardness 110-200 MPa (CEIP ore = lower end of range), hard 200-500 MPa. An additional notable feature of the CEIP ore according to Metalytics is its low annual chemical variability (aligned with the Thiess Mine Plan), which complements the consistency of its mineralogy and bulk physical properties. The relevance of this is the confidence it provides for efficient operation of the entire beneficiation line in producing high-grade iron concentrate of consistent quality. Crushing, grinding and mineral separation processes can all be optimised, which Metalytics observes is far preferable to a situation where continuous adjustments to operational settings and flow rates are necessary to accommodate changes in feed characteristics. Based on a well-defined Thiess Mine Plan and the results of laboratory test work and process simulation studies, Metalytics' estimates of the average chemical composition of the ore feed and particle size distribution of the iron concentrate product during the 20-year steady state production period. According to Metalytics, the product sizing distribution allows for a degree of flexibility in offtake agreements for CEIP concentrate given it could substitute in either sinter or pellet feed blends, subject to value-in-use assessments.공시 • Jun 02Iron Road Ltd Announces Update On Eyre Peninsula LinkIron Road Ltd. announced that the $300 million project, called Eyre Peninsula Link, would take about 18 months to complete, with the new line expected to be energised by the end of 2022. The current transmission line powering the region is over 50 years old with ElectraNet noting it has spent considerable time planning for its replacement to ensure it will meet the region's current and future needs, while also keeping costs as low as possible. As well as a more secure and reliable power supply for homes and businesses across the Eyre Peninsula, other benefits of the new transmission line, according to ElectraNet, include: Increased capacity to connect more users to the electricity network; Enabling new renewable energy and mining projects to connect in the future; An opportunity to extend the network in future; and Contractors supporting the local economies they work within. The new 270km transmission line will extend from Cultana (near Whyalla) to Port Lincoln via Yadnarie. Comprising double circuit 132kV, the Cultana to Yadnarie section is 275kV capable when required. Upgrades to substations at Cultana, Yadnarie, Port Lincoln Terminal, Wudinna and Middleback are also part of the project. Iron Road also notes the 31 May 2021 announcement by the Australian Energy Regulator (AER) approving the expenditure required to deliver the proposed SA-NSW interconnector, Project EnergyConnect. The AER determination allows capital expenditure of $2.28 billion to deliver the project efficiently, including $457.4 million for ElectraNet to construct the South Australian section of the project. TransGrid, responsible for the New South Wales section of the project, has approved a final investment decision to proceed. ElectraNet commented that the AER and TransGrid decisions were a significant milestone for Project EnergyConnect, which they regard as a project of national significance and a priority project for the national electricity grid. According to ElectraNet, independent analysis shows Project EnergyConnect will drive competition in the wholesale electricity market by connecting more, low-cost generation to the grid and support the ongoing transition to a lower carbon emissions future. As a large-scale, long-life proposed mining and beneficiation operation, the Company's Central Eyre Iron Project (CEIP) will be a significant consumer of power and a stable demand anchor located at the south-western end of the National Electricity Market (NEM). This presents a clear opportunity for development proponents of proximate, low-cost renewable energy resources on the Eyre Peninsula with a viable connection to an upgraded grid that further supports take-up of low carbon emission generation into the NEM. Following an independent review by a power industry expert as part of ongoing due diligence activities, CEIP mean power demand requirements of 167MW from "pit-to-port" are illustrated in the table below. Previous CEIP mean power demand guidance of 212MW was incorrectly classified, referring closer to installed and peak power demand requirements. The independent review has determined that the Company's estimate of annual power consumption (MWh terms) for the 12Mtpa (dry tonnes) iron concentrate delivery model remains essentially unchanged.공시 • May 26Iron Road Limited has completed a Follow-on Equity Offering in the amount of AUD 0.84 million.Iron Road Limited has completed a Follow-on Equity Offering in the amount of AUD 0.84 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,906,977 Price\Range: AUD 0.215 Discount Per Security: AUD 0.01075공시 • May 20Iron Road Limited Completes Independent Technical Review of the Central Eyre Iron Project Ore Processing Flow SheetIron Road Limited announced that Metalytics has completed its independent technical review of the Central Eyre Iron Project (CEIP) ore processing flow sheet. Their detailed report and associated premium grade market commentary is now being made available on a confidential basis to potential CEIP partners. Metalytics is a highly regarded specialist consulting firm to the iron ore and steel industries and their industry professionals have decades of experience consulting to resource companies (including iron ore majors), steel producers, the financial sector and public sector entities. Importantly, the independent review by Metalytics verifies the process flow sheet design used by Iron Road in its previously announced feasibility and optimisation studies to achieve expected ore processing outcomes. On a first inspection of headline project parameters, Metalytics notes the CEIP in-situ ore grade of 15.9% Fe appears unpromising by comparison with existing magnetite mining and concentrating operations. However, in Metalytics' opinion, this must be assessed against the recognition that most other magnetite ores, including the BIF ores in Western Australia and the taconite ores in the USA, are markedly finer grained, significantly harder and more abrasive than the CEIP gneissic ore. The factors Metalytics regard as most relevant to the economic viability of a magnetite operation are the quality (and hence the market value) of the saleable concentrate product (particularly its iron content and impurity levels) and the operating cost of producing it, whatever the Fe grade of the in-situ ore. A key finding of the Metalytics report is that the coarse grain size and moderate hardness of the CEIP ore, combined with its lack of chemical and mineralogical variability, make it possible to reject 60% of the run-of-mine (ROM) mass at the Rougher Magnetic Separation (RMS) step, i.e. after semi-autogenous grinding (SAG mill crushing) to 3mm particle size. Consequently, only the remaining 40% mass flow enters a ball mill circuit for grinding. This 40% stream is estimated by Metalytics to have an average iron grade of around 27% Fe, which is well within the usual range for magnetite mines. The resultant material is then beneficiated to the finished concentrate product at a mass recovery of 37% and an iron recovery of 90% levels that are, respectively, favourable, and very high by comparison with existing or under-construction Australian and Canadian high-grade iron concentrate projects. In Metalytics' opinion, these distinct features have important implications for CEIP's projected capital and operating costs. They highlight substantial reductions in the cost of electric power for both coarse and fine grinding that would be required with flow sheets to treat comparable tonnages of finer-grained, harder, and more abrasive magnetite ores. In particular, ore pre-concentration via the rejection of 60% of the ROM mass at the RMS step means that only 32.6 Mtpa of ore enters the ball mill circuit for comminution from a steady-state average of 81.7 Mtpa of ROM, substantially reducing the capacity that would otherwise be required for downstream processing. Premium high-grade iron ore products reduce energy consumption and plant emissions of CO2, other pollutants and dust, and increase blast furnace productivity and reduce slag generation. China, the world's dominant iron ore market, is continuing to push its environmental policy and regulatory agenda to reduce pollution, energy consumption and CO2 emissions. Steel companies are subject to operational restrictions to control emissions and to eliminate inefficient, obsolete, and small-scale facilities. Magnetite products with a wide range of properties and from geographically diverse sources are currently traded in international markets. Magnetite is the dominant iron-bearing mineral mined in North America, China, the C.I.S. and Europe. The Chinese steel industry has been underpinned by domestic magnetite ores, although many have complex chemistries, some containing multiple metals and other undesirable elements including sulphur.공시 • May 04Iron Road Limited announced that it expects to receive AUD 4.25 million in fundingIron Road Limited (ASX:IRD) announced a private placement of 19,767,443 common shares at a price of AUD 0.215 per share for gross proceeds of AUD 4,250,000 on May 3, 2021. The transaction will include participation from institutional and sophisticated investors.분석 기사 • Mar 10Calculating The Fair Value Of Iron Road Limited (ASX:IRD)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Iron Road Limited...Is New 90 Day High Low • Jan 19New 90-day high: AU$0.21The company is up 27% from its price of AU$0.17 on 20 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period.공시 • Oct 04Iron Road Limited Announces Cape Hardy Stage I Port Enters Development PhaseIron Road Limited announced that the Company has satisfied all conditions precedent to the Joint Development Agreement (JDA) entered into with Macquarie Capital (Macquarie) and Eyre Peninsula Co-operative Bulk Handling (EPCBH) for the $250 million Cape Hardy Stage I port development as announced on 24 September 2020. The satisfaction of all conditions precedent means Macquarie and the Company are now obliged to pay their respective shares of budgeted costs in the first phase of the project's Development Plan.공시 • Sep 30Iron Road Limited Auditor Raises 'Going Concern' DoubtIron Road Limited filed its Annual on Sep 28, 2020 for the period ending Jun 30, 2020. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.공시 • Sep 24Macquarie Capital Enters Joint Development Agreement with Iron Road Ltd and Eyre Peninsula Co-Operative Bulk HandlingIron Road Ltd. announced that Macquarie Capital (part of Macquarie Group Limited) has entered into a Joint Development Agreement (JDA) with Iron Road and Eyre Peninsula Co-operative Bulk Handling (EPCBH). The JDA provides the framework to advance development and financing plans for the proposed $250 million Cape Hardy Stage I multi-user, multi-commodity port facility. The joint development parties will now progress establishment of a project vehicle and formally commence the first phase of a comprehensive Development Plan, targeting Financial Close of the Project by third quarter 2021, subject to the satisfaction or waiver of certain conditions. The JDA includes defined steps for securing of equity and debt capital for the port development and includes the usual rights of termination, such as material adverse change provisions. Macquarie will also provide financial advisory services to the Project. As a key priority, the developers will continue their ongoing engagement with growers to progress supply arrangements that will facilitate efficient financing and refine the design and functional requirements of the project to best meet users' needs. These discussions are part of a well-established and continuing grower, customer, and community consultation process. Discussions with other potential third-party users who have already expressed interest in accessing an import/export facility at Cape Hardy will continue in parallel. To date, there have been several hundred individual and group consultations by Iron Road and EPCBH with various stakeholders, including landowners, local and regional communities, local community groups, Barngarla traditional owners, project specific committees, focus groups, industry & business as well as Local, State and Federal government agencies and representatives. Other major steps leading up to Financial Close will include finalisation of the Development Plan Consent in addition to concluding detailed marine and landside facility designs and subsequent construction tenders.주주 수익률IRDAU Metals and MiningAU 시장7D-11.1%-8.3%-1.7%1Y-60.0%49.3%1.0%전체 주주 수익률 보기수익률 대 산업: IRD은 지난 1년 동안 49.3%의 수익을 기록한 Australian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: IRD은 지난 1년 동안 1%를 기록한 Australian 시장보다 저조한 성과를 냈습니다.주가 변동성Is IRD's price volatile compared to industry and market?IRD volatilityIRD Average Weekly Movement21.1%Metals and Mining Industry Average Movement12.2%Market Average Movement10.5%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.4%안정적인 주가: IRD의 주가는 지난 3개월 동안 Australian 시장보다 변동성이 컸습니다.시간에 따른 변동성: IRD의 주간 변동성(21%)은 지난 1년 동안 안정적이었지만 Australian 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2007n/aLarry Inglewww.ironroadlimited.com.auIron Road Limited는 호주에서 철광석 자산을 탐사하고 평가합니다. 이 회사의 주력 프로젝트는 남호주 에어 반도에 위치한 100% 소유의 센트럴 에어 철광석 프로젝트입니다. 이 회사는 2007년에 설립되었으며 호주 애들레이드에 본사를 두고 있습니다.더 보기Iron Road Limited 기초 지표 요약Iron Road의 순이익과 매출은 시가총액과 어떻게 비교됩니까?IRD 기초 통계시가총액AU$13.32m순이익 (TTM)-AU$98.64m매출 (TTM)AU$134.24k99.2x주가매출비율(P/S)-0.1x주가수익비율(P/E)IRD는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표IRD 손익계산서 (TTM)매출AU$134.24k매출원가AU$0총이익AU$134.24k기타 비용AU$98.78m순이익-AU$98.64m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.12총이익률100.00%순이익률-73,482.39%부채/자본 비율0%IRD의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:31종가2026/05/21 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Iron Road Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • Mar 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.1m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$92k). Market cap is less than US$10m (AU$14.1m market cap, or US$9.70m).
New Risk • Mar 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$95k). Minor Risk Market cap is less than US$100m (AU$16.6m market cap, or US$11.7m).
New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.3m market cap, or US$13.0m).
분석 기사 • Feb 02Iron Road (ASX:IRD) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
New Risk • Oct 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: AU$7.7m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Revenue is less than US$5m (AU$7.7m revenue, or US$5.0m). Market cap is less than US$100m (AU$39.0m market cap, or US$25.3m).
공시 • Oct 03Iron Road Limited, Annual General Meeting, Nov 26, 2025Iron Road Limited, Annual General Meeting, Nov 26, 2025.
New Risk • Mar 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$14.1m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$92k). Market cap is less than US$10m (AU$14.1m market cap, or US$9.70m).
New Risk • Mar 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Earnings have declined by 55% per year over the past 5 years. Revenue is less than US$1m (AU$134k revenue, or US$95k). Minor Risk Market cap is less than US$100m (AU$16.6m market cap, or US$11.7m).
New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.3m market cap, or US$13.0m).
분석 기사 • Feb 02Iron Road (ASX:IRD) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
New Risk • Oct 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: AU$7.7m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Revenue is less than US$5m (AU$7.7m revenue, or US$5.0m). Market cap is less than US$100m (AU$39.0m market cap, or US$25.3m).
공시 • Oct 03Iron Road Limited, Annual General Meeting, Nov 26, 2025Iron Road Limited, Annual General Meeting, Nov 26, 2025.
분석 기사 • Sep 09We Like These Underlying Return On Capital Trends At Iron Road (ASX:IRD)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
New Risk • Sep 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (AU$25.8m market cap, or US$16.9m).
New Risk • Jul 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Market cap is less than US$100m (AU$24.9m market cap, or US$16.2m).
New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$33.1m market cap, or US$21.3m).
분석 기사 • Mar 05Iron Road (ASX:IRD) Is Looking To Continue Growing Its Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
공시 • Oct 21Iron Road Limited, Annual General Meeting, Nov 22, 2024Iron Road Limited, Annual General Meeting, Nov 22, 2024. Location: offices of pricewaterhousecoopers, level 17, one international towers, watermans quay, barangaroo, nsw, Australia
분석 기사 • Mar 01Iron Road (ASX:IRD) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
분석 기사 • Oct 26We're Hopeful That Iron Road (ASX:IRD) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
New Risk • Sep 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.2m free cash flow). Earnings have declined by 4.6% per year over the past 5 years. Revenue is less than US$1m (AU$1.0m revenue, or US$643k). Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (AU$66.3m market cap, or US$42.6m).
공시 • Sep 19Iron Road Limited, Annual General Meeting, Nov 16, 2023Iron Road Limited, Annual General Meeting, Nov 16, 2023.
Recent Insider Transactions • Dec 28Board Member recently bought AU$55k worth of stockOn the 23rd of December, Glen Chipman bought around 420k shares on-market at roughly AU$0.13 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$167k more in shares than they have sold in the last 12 months.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Executive Director of Commercial & Director Glen Chipman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Sep 22Iron Road Limited Auditor Raises 'Going Concern' DoubtIron Road Limited filed its Annual on Sep 20, 2022 for the period ending Jun 30, 2022. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
공시 • Sep 21Iron Road Limited, Annual General Meeting, Nov 17, 2022Iron Road Limited, Annual General Meeting, Nov 17, 2022. Agenda: To consider the re-election of Directors.
Recent Insider Transactions • May 10Board Member recently bought AU$55k worth of stockOn the 5th of May, Glen Chipman bought around 300k shares on-market at roughly AU$0.18 per share. In the last 3 months, they made an even bigger purchase worth AU$57k. Insiders have collectively bought AU$165k more in shares than they have sold in the last 12 months.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Executive Director of Commercial & Director Glen Chipman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Feb 15Board Member recently bought AU$57k worth of stockOn the 11th of February, Glen Chipman bought around 300k shares on-market at roughly AU$0.19 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$110k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jul 07Board Member recently bought AU$52k worth of stockOn the 1st of July, Glen Chipman bought around 200k shares on-market at roughly AU$0.26 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$104k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jul 04Board Member recently bought AU$52k worth of stockOn the 1st of July, Glen Chipman bought around 200k shares on-market at roughly AU$0.26 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$104k more in shares than they have sold in the last 12 months.
공시 • Jun 09Iron Road Limited Announces Central Eyre Iron Project Key Processingmetrics and Benchmarked AnalysisIron Road Limited announced the technical review undertaken by Metalytics, a highly regarded specialist consulting firm to the iron ore and steel industries, has benchmarked projected iron and mass recoveries from the Company's Central Eyre Iron Project (CEIP) with comparable Australian and Canadian high-grade iron ore concentrate projects. It has also assessed key characteristics of CEIP concentrate in the context of high-grade iron ore products in international trade. The CEIP hosts Australia's large magnetite Ore Reserve with a Definitive Feasibility Study (DFS) and post DFS optimisation studies complete. A key finding of the Metalytics report is that the coarse grain size and moderate hardness of the CEIP ore make it possible to reject 60% of the run-of-mine (ROM) mass early in the processing stage at the Rougher Magnetic Separation (RMS) step. Consequently, only the remaining 40% mass flow is subject to further beneficiation. This 40% stream is estimated by Metalytics to have an average iron grade of around 27.5% Fe, which is well within the usual range for magnetite mining operations. The resultant material is then beneficiated to the finished concentrate product (66.63% Fe per Metalytics analysis and modelling) at a mass recovery of 37% and an iron recovery of 90%. In Figure 1 below, Metalytics shows that these recoveries are favorable relative to appropriate comparative projects the existing or under-construction magnetite producers in Australia and high-grade coarse hematite concentrate producers in Canada. The 12Mtpa (dry) CEIP processing flow sheet is included in this release. Metalytics notes from the point that CEIP ore exits the RMS stage, its recovery parameters align with project peers. Further, because of the coarse-grained nature of the CEIP ore, its processing from that point is simpler, less energy-intensive and therefore potentially has lower operating cost than comparative projects from their respective ROM ore stages. Front end processing rejection of 60% material mass also has important and advantageous implications for unit capital intensity since this ore pre-concentration step substantially reduces the capacity that would otherwise be required for downstream processing. Bulk sample tests have shown that post RMS grades as high as 32.5% Fe are possible, depending on ROM ore quality and comminution specifics. In respect of ore hardness, uniaxial compressive strength (UCS) is a key physical parameter relevant to rock geomechanics for iron ore mining and crusher design. CEIP ore reports an average UCS of 110 MPa compared with approximately 450-600 MPa for markedly finer grained, significantly harder and more abrasive banded iron formation (BIF) magnetite projects in Western Australia. For reference, Clout & Manuel (2015) quote the following UCS ranges for Australian iron ores: friable 20-35 MPa, medium hardness 110-200 MPa (CEIP ore = lower end of range), hard 200-500 MPa. An additional notable feature of the CEIP ore according to Metalytics is its low annual chemical variability (aligned with the Thiess Mine Plan), which complements the consistency of its mineralogy and bulk physical properties. The relevance of this is the confidence it provides for efficient operation of the entire beneficiation line in producing high-grade iron concentrate of consistent quality. Crushing, grinding and mineral separation processes can all be optimised, which Metalytics observes is far preferable to a situation where continuous adjustments to operational settings and flow rates are necessary to accommodate changes in feed characteristics. Based on a well-defined Thiess Mine Plan and the results of laboratory test work and process simulation studies, Metalytics' estimates of the average chemical composition of the ore feed and particle size distribution of the iron concentrate product during the 20-year steady state production period. According to Metalytics, the product sizing distribution allows for a degree of flexibility in offtake agreements for CEIP concentrate given it could substitute in either sinter or pellet feed blends, subject to value-in-use assessments.
공시 • Jun 02Iron Road Ltd Announces Update On Eyre Peninsula LinkIron Road Ltd. announced that the $300 million project, called Eyre Peninsula Link, would take about 18 months to complete, with the new line expected to be energised by the end of 2022. The current transmission line powering the region is over 50 years old with ElectraNet noting it has spent considerable time planning for its replacement to ensure it will meet the region's current and future needs, while also keeping costs as low as possible. As well as a more secure and reliable power supply for homes and businesses across the Eyre Peninsula, other benefits of the new transmission line, according to ElectraNet, include: Increased capacity to connect more users to the electricity network; Enabling new renewable energy and mining projects to connect in the future; An opportunity to extend the network in future; and Contractors supporting the local economies they work within. The new 270km transmission line will extend from Cultana (near Whyalla) to Port Lincoln via Yadnarie. Comprising double circuit 132kV, the Cultana to Yadnarie section is 275kV capable when required. Upgrades to substations at Cultana, Yadnarie, Port Lincoln Terminal, Wudinna and Middleback are also part of the project. Iron Road also notes the 31 May 2021 announcement by the Australian Energy Regulator (AER) approving the expenditure required to deliver the proposed SA-NSW interconnector, Project EnergyConnect. The AER determination allows capital expenditure of $2.28 billion to deliver the project efficiently, including $457.4 million for ElectraNet to construct the South Australian section of the project. TransGrid, responsible for the New South Wales section of the project, has approved a final investment decision to proceed. ElectraNet commented that the AER and TransGrid decisions were a significant milestone for Project EnergyConnect, which they regard as a project of national significance and a priority project for the national electricity grid. According to ElectraNet, independent analysis shows Project EnergyConnect will drive competition in the wholesale electricity market by connecting more, low-cost generation to the grid and support the ongoing transition to a lower carbon emissions future. As a large-scale, long-life proposed mining and beneficiation operation, the Company's Central Eyre Iron Project (CEIP) will be a significant consumer of power and a stable demand anchor located at the south-western end of the National Electricity Market (NEM). This presents a clear opportunity for development proponents of proximate, low-cost renewable energy resources on the Eyre Peninsula with a viable connection to an upgraded grid that further supports take-up of low carbon emission generation into the NEM. Following an independent review by a power industry expert as part of ongoing due diligence activities, CEIP mean power demand requirements of 167MW from "pit-to-port" are illustrated in the table below. Previous CEIP mean power demand guidance of 212MW was incorrectly classified, referring closer to installed and peak power demand requirements. The independent review has determined that the Company's estimate of annual power consumption (MWh terms) for the 12Mtpa (dry tonnes) iron concentrate delivery model remains essentially unchanged.
공시 • May 26Iron Road Limited has completed a Follow-on Equity Offering in the amount of AUD 0.84 million.Iron Road Limited has completed a Follow-on Equity Offering in the amount of AUD 0.84 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,906,977 Price\Range: AUD 0.215 Discount Per Security: AUD 0.01075
공시 • May 20Iron Road Limited Completes Independent Technical Review of the Central Eyre Iron Project Ore Processing Flow SheetIron Road Limited announced that Metalytics has completed its independent technical review of the Central Eyre Iron Project (CEIP) ore processing flow sheet. Their detailed report and associated premium grade market commentary is now being made available on a confidential basis to potential CEIP partners. Metalytics is a highly regarded specialist consulting firm to the iron ore and steel industries and their industry professionals have decades of experience consulting to resource companies (including iron ore majors), steel producers, the financial sector and public sector entities. Importantly, the independent review by Metalytics verifies the process flow sheet design used by Iron Road in its previously announced feasibility and optimisation studies to achieve expected ore processing outcomes. On a first inspection of headline project parameters, Metalytics notes the CEIP in-situ ore grade of 15.9% Fe appears unpromising by comparison with existing magnetite mining and concentrating operations. However, in Metalytics' opinion, this must be assessed against the recognition that most other magnetite ores, including the BIF ores in Western Australia and the taconite ores in the USA, are markedly finer grained, significantly harder and more abrasive than the CEIP gneissic ore. The factors Metalytics regard as most relevant to the economic viability of a magnetite operation are the quality (and hence the market value) of the saleable concentrate product (particularly its iron content and impurity levels) and the operating cost of producing it, whatever the Fe grade of the in-situ ore. A key finding of the Metalytics report is that the coarse grain size and moderate hardness of the CEIP ore, combined with its lack of chemical and mineralogical variability, make it possible to reject 60% of the run-of-mine (ROM) mass at the Rougher Magnetic Separation (RMS) step, i.e. after semi-autogenous grinding (SAG mill crushing) to 3mm particle size. Consequently, only the remaining 40% mass flow enters a ball mill circuit for grinding. This 40% stream is estimated by Metalytics to have an average iron grade of around 27% Fe, which is well within the usual range for magnetite mines. The resultant material is then beneficiated to the finished concentrate product at a mass recovery of 37% and an iron recovery of 90% levels that are, respectively, favourable, and very high by comparison with existing or under-construction Australian and Canadian high-grade iron concentrate projects. In Metalytics' opinion, these distinct features have important implications for CEIP's projected capital and operating costs. They highlight substantial reductions in the cost of electric power for both coarse and fine grinding that would be required with flow sheets to treat comparable tonnages of finer-grained, harder, and more abrasive magnetite ores. In particular, ore pre-concentration via the rejection of 60% of the ROM mass at the RMS step means that only 32.6 Mtpa of ore enters the ball mill circuit for comminution from a steady-state average of 81.7 Mtpa of ROM, substantially reducing the capacity that would otherwise be required for downstream processing. Premium high-grade iron ore products reduce energy consumption and plant emissions of CO2, other pollutants and dust, and increase blast furnace productivity and reduce slag generation. China, the world's dominant iron ore market, is continuing to push its environmental policy and regulatory agenda to reduce pollution, energy consumption and CO2 emissions. Steel companies are subject to operational restrictions to control emissions and to eliminate inefficient, obsolete, and small-scale facilities. Magnetite products with a wide range of properties and from geographically diverse sources are currently traded in international markets. Magnetite is the dominant iron-bearing mineral mined in North America, China, the C.I.S. and Europe. The Chinese steel industry has been underpinned by domestic magnetite ores, although many have complex chemistries, some containing multiple metals and other undesirable elements including sulphur.
공시 • May 04Iron Road Limited announced that it expects to receive AUD 4.25 million in fundingIron Road Limited (ASX:IRD) announced a private placement of 19,767,443 common shares at a price of AUD 0.215 per share for gross proceeds of AUD 4,250,000 on May 3, 2021. The transaction will include participation from institutional and sophisticated investors.
분석 기사 • Mar 10Calculating The Fair Value Of Iron Road Limited (ASX:IRD)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Iron Road Limited...
Is New 90 Day High Low • Jan 19New 90-day high: AU$0.21The company is up 27% from its price of AU$0.17 on 20 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period.
공시 • Oct 04Iron Road Limited Announces Cape Hardy Stage I Port Enters Development PhaseIron Road Limited announced that the Company has satisfied all conditions precedent to the Joint Development Agreement (JDA) entered into with Macquarie Capital (Macquarie) and Eyre Peninsula Co-operative Bulk Handling (EPCBH) for the $250 million Cape Hardy Stage I port development as announced on 24 September 2020. The satisfaction of all conditions precedent means Macquarie and the Company are now obliged to pay their respective shares of budgeted costs in the first phase of the project's Development Plan.
공시 • Sep 30Iron Road Limited Auditor Raises 'Going Concern' DoubtIron Road Limited filed its Annual on Sep 28, 2020 for the period ending Jun 30, 2020. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
공시 • Sep 24Macquarie Capital Enters Joint Development Agreement with Iron Road Ltd and Eyre Peninsula Co-Operative Bulk HandlingIron Road Ltd. announced that Macquarie Capital (part of Macquarie Group Limited) has entered into a Joint Development Agreement (JDA) with Iron Road and Eyre Peninsula Co-operative Bulk Handling (EPCBH). The JDA provides the framework to advance development and financing plans for the proposed $250 million Cape Hardy Stage I multi-user, multi-commodity port facility. The joint development parties will now progress establishment of a project vehicle and formally commence the first phase of a comprehensive Development Plan, targeting Financial Close of the Project by third quarter 2021, subject to the satisfaction or waiver of certain conditions. The JDA includes defined steps for securing of equity and debt capital for the port development and includes the usual rights of termination, such as material adverse change provisions. Macquarie will also provide financial advisory services to the Project. As a key priority, the developers will continue their ongoing engagement with growers to progress supply arrangements that will facilitate efficient financing and refine the design and functional requirements of the project to best meet users' needs. These discussions are part of a well-established and continuing grower, customer, and community consultation process. Discussions with other potential third-party users who have already expressed interest in accessing an import/export facility at Cape Hardy will continue in parallel. To date, there have been several hundred individual and group consultations by Iron Road and EPCBH with various stakeholders, including landowners, local and regional communities, local community groups, Barngarla traditional owners, project specific committees, focus groups, industry & business as well as Local, State and Federal government agencies and representatives. Other major steps leading up to Financial Close will include finalisation of the Development Plan Consent in addition to concluding detailed marine and landside facility designs and subsequent construction tenders.
