View Future GrowthIron Road 과거 순이익 실적과거 기준 점검 0/6Iron Road 의 수입은 연평균 -55%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 66.7%의 비율로 증가해 왔습니다.핵심 정보-55.00%순이익 성장률-52.63%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률66.72%자기자본이익률-244.90%순이익률-73,482.39%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Jun 10Glen Chipman,Steps Down from Its Position of Executive Director from Iron Road Limited, Effective 30 June 2026Iron Road Limited announced that Executive Director, Glen Chipman will step down effective 30 June 2026 to pursue other business interests. This will result in an appropriate recalibration of management costs, recognising that more time will be required to unlock value from the Company's South Australian assets.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, 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.매출 및 비용 세부 내역Iron Road가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ASX:IRD 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-992030 Sep 254-472030 Jun 25853031 Mar 25853031 Dec 24863030 Sep 24522030 Jun 241-12031 Mar 241-12031 Dec 231-12030 Sep 231-12030 Jun 23101031 Mar 231-12031 Dec 220-22030 Sep 220-33030 Jun 220-44031 Mar 220-55031 Dec 210-65030 Sep 210-65030 Jun 210-55031 Mar 210-44031 Dec 200-44030 Sep 200-33030 Jun 200-22031 Mar 200-22031 Dec 190-22030 Sep 190-22030 Jun 190-22031 Mar 190-22031 Dec 180-22030 Sep 180-33030 Jun 180-33031 Mar 180-43031 Dec 170-44030 Sep 170-44030 Jun 170-44031 Mar 170-54031 Dec 160-64030 Sep 160-64030 Jun 160-74031 Mar 160-65031 Dec 150-55030 Sep 150-550양질의 수익: IRD 은(는) 현재 수익성이 없습니다.이익 마진 증가: IRD는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: IRD은 수익성이 없으며 지난 5년 동안 손실이 연평균 55% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 IRD의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: IRD은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: IRD는 현재 수익성이 없으므로 자본 수익률이 음수(-244.9%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 05:00종가2026/06/19 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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.
공시 • Jun 10Glen Chipman,Steps Down from Its Position of Executive Director from Iron Road Limited, Effective 30 June 2026Iron Road Limited announced that Executive Director, Glen Chipman will step down effective 30 June 2026 to pursue other business interests. This will result in an appropriate recalibration of management costs, recognising that more time will be required to unlock value from the Company's South Australian assets.
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.