General Chat / Discussion, page-9552

I think you just need to show some patience...Binding off take agreements aren't signed over night and IXR is a small company where large companies aren't just going to make an impulsive decision. Our demonstration plant not that long ago started the 24/7 cycle...We also require LCM and Ford time to analyse these samples. I have no doubt there are other companies interested and may well be getting provided samples, but as we keep hearing the West is slow to react or invest in the RE space...Especially while it is so cheap to get Chinese RE product...However government pressure from around the world is building on companies to show some proactive initiative and make changes...Governments start with messaging and giving companies time to prepare but there comes a point where they force companies to oblige. The Chinese tension ain't going away.

IXR are doing everything to get product into peoples hands. As we keep hearing, we are a Rare Earth company actually producing rare earth products both in Belfast and Uganda..Not sure many others can claim this...We are ahead of lot in this game. I am keen to potentially hear of more JV refinery projects in Brazil (the theatre of Rare earths)..While the main concern I believe for IXR is now the larger cashburn, we are demonstrating that we are fast growing development ready company where large amounts of money have been invested to run our projects...You gotta spend money to make money...Rome wasn't built in a day.