IXR ionic rare earths limited

General Chat / Discussion, page-11250

  1. 879 Posts.
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    The last time I spoke to Tim I was worried as our share price was at 0.005 , so you are talking shite.

    Bottom line is I invested originally because of Makuutu, but since then Western Governments don't have the appetite to invest about 500 mil into 3rd World Country Mines anymore, lucky our Management realised this and pivoted into Recycling.

    The Demo plant had to do its thing and proof
    our Technology, the delays in the FS wasn't Tim fault , every time Tim was told it was close to being finished the UK GOVERNMENT wanted additional information to be checked and tested in the study, after all they were paying for it.

    The FS hasn't been out long and is now being utilised , we need to give these guys a little more time.
    The Opex is going to be almost 30% less in Brazil and USA, which makes us even more profitable. We could be building Commercial Plants on 3 different Continents at the same time, we're not waiting for Belfast to be completed before we start the next Commercial Plant . Brett stated Brazil, USA will be go up in Parallel with Belfast.

    IF we didn't go into Recycling we all would have lost everything no doubt, we can thank Management for going into Recycling.
 
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