China and Ski secretly love this company and want to buy in but won't do so until it reaches their target price of 0.1c. They must be stock bashers as this is a good company getting bashed. Definitely not commenting here with no intention of buying just to provoke a reaction from certain holders.
My personal understanding of this company came about when MEI first acquired their RE project. It wasn't hard to figure out that Makuutu was a low grade, low recovery, high acid project with zero chance of ever becoming a mine. I like China agree that the recovery of RE from magnets is a good idea but a lot of things need to fall into place to make it happen. Hopium is not a good investment strategy. There are a lot of investment options out there and this is too much of a high risk moderate reward play IMO
IXR Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
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