IXR 0.00% 0.6¢ ionic rare earths limited

Ann: IonicRE signs MOU with CHINALCO, page-101

  1. 83 Posts.
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    I’m out at 6.4c today. I’ve made a handy profit and this company is first class, one of the best managements in terms being transparent and delivering in promises. Companies like this are few and far between.

    I decided to call it however based on negative China sentiment globally. There is no doubt this company is profitable, but I question its ability to deliver to shareholders when the price will be controlled by forces outside of management. I was burnt by AVZ and I’ll turn my attention to other prospect without Chinese involvement.

    I wish the best for everyone and will be watching closely. I hope for everyone else’s sake I’m feeling the pain in 6-12 months time!

    good luck!

 
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