Australia's largest stock trading and investment forum Australia's #1 stock forum

IXR

Click for more information

10.0%

0.9¢ ionic rare earths limited

Ann: Makuutu Phase 5 Drilling Update, page-39

First 39 Last

Share
Profile

Follow
roblun

5,360 Posts.

2144

16/06/23

00:44

Post #: 68313688
Share

Originally posted by Drax312: ↑

From Google search…….
The establishment of a state-owned mining firm and commercial state participation in the sector are part of wide-ranging reforms under a new mining law enacted last year.The new company will be called Uganda National Mining Company (UNMC), minister Ruth Nankabirwa Ssentamu said in a statement."State equity participation will be in medium and large-scale mining of up to 15% participatory equity interest at no cost to the government," she said.The state-owned firm will help the government get as much value as possible from minerals, Ssentamu said. She did not say when the government would complete setting up the company.
………………………………………..

So we waiting on the new company (UNMC)to be established???

Expand

UNMC has already been established

was gazzetted in late December 2022, it means that UNMC has been setup according to the Ugandan Mining Act 2022

If you download the Ugandan Minerals Act 2022 it’s all written down

DYOR

IXR Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

MGU

New results confirm Buena Vista's iron grades potential

There are more pages in this discussion • 10 more messages in this thread...

First 39 Last

Add IXR (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change -0.001(10.0%)		Mkt cap ! $43.82M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$89.66K	8.966M

Buyers (Bids)

No.	Vol.	Price($)
43	14216647	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	10498220	17

View Market Depth

No.	Vol.	Price($)
43	14216647	0.009
23	12078904	0.008
11	7339435	0.007
6	5835000	0.006
11	10368211	0.005

Price($)	Vol.	No.
0.011	10498220	17
0.012	3555284	15
0.013	1212706	3
0.014	2909137	7
0.015	2269733	8

Last trade - 16.10pm 31/07/2024 (20 minute delay)

IXR (ASX) Chart