still going full steam ahead at Makuutu to get the samples from the demo plant there out to potential offtakers (that has now been completed)
continuing to go full steam ahead at Belfast exposure
management not anticipating the share price being this low for so long (they thought the rare earth pricing was going to recover better after the chinese new year back in Jan/Feb thus bringing the share price back up)
Now that Makuutu has completed all of it's heavy hitting work (until the offtakers/financiers are happy with the product and help fund it) & Belfast the same it's a matter of now getting the FS & FID locked in for Belfast and then managing the costs until they start making money.
Becuase the FS for the Belfast will have all of the Metwork covered, it shouldn' take too much more effort & cost to tweak the FS in different areas i.e North America & potentially Japan/South Korea.
IXR Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)