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June 2022 deferral of major capex

Company: IREN

Subject kind
guidance
Statement date
2022-12-07
Current status
stated

The claim, verbatim

According to the complaint, Iris stated on Jun 21, 2022 that it expected to defer major additional capital expenditure until market uncertainty subsided and financing terms improved.

Source (primary)

MALOUF v. <mark>IRIS ENERGY LIMITED</mark> — Entry #1: COMPLAINT against MICHAEL ALFRED, DAVID BARTHOLOMEW, CHRISTOPHER GUZOWSKI, IRIS ENERGY LIMITED, BELINDA NUCIFORA, DANIEL ROBERTS, WILLIAM ROBERTS ( Filing and… (RECAP, court_filing)
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Quote: “the Company expects to defer major additional capital expenditure until the current market uncertainty subsides and financing terms improve”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms MALOUF v. <mark>IRIS ENERGY LIMITED</mark> — Entry #1: COMPLAINT against MICHAEL ALFRED, DAVID BARTHOLOMEW, CHRISTOPHER GUZOWSKI, IRIS ENERGY LIMITED, BELINDA NUCIFORA, DANIEL ROBERTS, WILLIAM ROBERTS ( Filing and…

Quote: “the Company expects to defer major additional capital expenditure until the current market uncertainty subsides and financing terms improve”

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