Totally Agree, The biggest Bonus for IXR is that we can form many partnerships around the world because we have the Technology to refine Spent Magnets, Plus other Magnets feeds from many components and Mixed Rare Earth Carbonate to high purity Seperated Rare Earth Oxides, that is what OEM's want, which increases value of the product by 30%
A master stroke buying Seren, we have a 50:50 JVCo with VMM, IXR has 5% of VMM and the top 3 shareholders in IXR including IXR in total have nearly 25% shareholdings in VMM
Basically, Top 5 Shareholders in IXR, Plus IXR itself hold ~25% of VMM shares
IXR Top 5 Shareholders
VMM Top 5 Shareholders
Makuutu will come into play when supply chains are established with more supply of refined MREC to REO's will be added
(20min delay)