IXR 5.26% 1.0¢ ionic rare earths limited

What is fair value for IXR ?

  1. 671 Posts.
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    I would like to get an understanding of what MCap will be seen as fair value. To kick off with a possible reference point I got from the bird ....that Forrestfield indicated that a comparison is a Chilean rare earth project taken over by Hochschild for $90m. In comparison to this project IXR is
    - possibly 10 -15 times bigger
    - shallower depth
    - Better grades
    -Better or same basket of elements

    Any constructive comments will be appreciated.
 
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Mkt cap ! $48.69M
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0.9¢ 1.0¢ 0.9¢ $136.0K 13.67M

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Last trade - 13.15pm 07/11/2024 (20 minute delay) ?
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