Iron Ore Equity Opportunity:

Ironman Limited owns a high-quality iron ore project under its fully-owned subsidiary in Amapa State in Northern Brazil.

Ironman provides an exciting opportunity for investors to access a well-run company developing a low-cost and low-risk iron ore project, targeted production of 1 million tonnes per year, commencing in mid-late 2024. The company also owns exploration rights to iron ore resources in Ceara State.

Investment highlights:

  • Minimum investment: £10,000;
  • Share price: £0.125;
  • Glencore, a global commodities giant, has committed to purchase their iron ore, providing $5 million in working capital to initiate mining and transportation. This endorsement underscores the project s viability and market potential;
  • They are aiming to list on the Australian Securities Exchange (ASX);
  • High-quality iron ore: their deposit contains iron with a purity of 63.5%, higher than the standard 63.2%, making it highly desirable;
  • Strategic location: the mine is 120 km from the port of Santana and 10 km from the nearest highway, ensuring efficient logistics.


*Suitable for High Net Worth and Sophisticated Investors as defined in FSMA 2000.

 

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