IXR 0.00% 1.0¢ ionic rare earths limited

General Chat / Discussion, page-8512

  1. 362 Posts.
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    I am so glad you shared this video. The importance of what is being stated here can't be underestimated. The refinery is huge value addition and is a vital part of the Ex China supply chain.

    It highlights how strategic the buy in to VMM was as well. This wasn't some plain/boring share placement involvement. TH is a board member of this company. Also Sufian (IXR board member) and Bilal Ahmed being the 2 top shareholders of VMM. They are both in the top 5 of IXR. It has to be noted that Sufian has recently put huge dollars into IXR after already being a large holder. Having this close involvement with VMM strengthens our ability to fund and attract support for a refinery with two assets being able to feed it (if this is their intention).

    TH has spoken about the cookie cutter approach to our recycling business. Imagine a refinery business being done alongside of this? Imagine the amount of traceable and usable rare earth product that off takers could have their hands on in numerous locations.

    There is a way bigger project happening here than just a mine digging up minerals.
    Last edited by rover22: 24/02/24
 
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