Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Iron Road Ltd ( (AU:IRD) ) has provided an announcement.
Iron Road Ltd received a $3 million milestone payment from Amp Energy as part of their collaboration at the Cape Hardy site, following a previous $1.5 million payment. Northern Water has extended its option to purchase land at Cape Hardy, with significant terrestrial and marine geotechnical investigations underway. Amp Energy is also seeking regulatory approval for meteorological monitoring installations to assess wind conditions for future energy projects. These developments are crucial for Iron Road’s strategic positioning in the renewable energy sector and could have significant implications for stakeholders.
More about Iron Road Ltd
Iron Road Ltd is a company involved in the development of the Cape Hardy Industrial Port Precinct, focusing on infrastructure and potentially renewable energy projects.
YTD Price Performance: 5.71%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $28.42M
For an in-depth examination of IRD stock, go to TipRanks’ Stock Analysis page.
