Actually I was thinking this morning "Hats off to the ASX" as they prevented a P&D with IXR by apparently forcing IXR to go with extremely conservative numbers based on the real facts at the moment in regarding the resource.
I think as SET Fire said as well that once they firm up the resource estimate that these numbers will then be in the nose bleed territory and shock a lot of people. Also once the drilling results come in to confirm the presence of rare earths next door that we will have to get our calculators with lots of extra digits as the resource at 8X current SS numbers is going to extrapolate into one mother of a "Godzilla" style resource and be the envy of the world.
Smart money will load up here as Sophs money was queuing up to purchase at 4c only recently and a lot of people got turned away. Beware wolfs in sheep's clothing.
GLTAH
Ann: Makuutu Rare Earths Project Scoping Study, page-104
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1.1¢ |
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Mkt cap ! $50.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $8.897K | 849.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 8508814 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 9166349 | 18 |
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| Last trade - 14.59pm 19/07/2024 (20 minute delay) ? |
| IXR (ASX) Chart |