AND - it is also coincidental that Viridis made pretty much the same announcement this morning also !!
We all know there is commonality of purpose between the two companies.
So could that point to a Brazil announcement?
When I read the VMM release, I contemplated that any headway for VMM positively affects on IXR given their common interests in Brazil.
Obviously a go-ahead for a VMM mine in Brazil would provide feedstock for a Viridion refinery in Brazil.
MREC in Brazil needs a refinery.
Also, a go-ahead for the Colossus mine may well initiate funding and development for a recycle project.
Also, have we contemplated the effect on the returns of Belfast and other global IXR projects, concerning the drop in the A$ ????
Which returns on Belfast would be in UK Pounds, when it is reported in Aust it will be in A$.
Gotta look better to Aust investors?
IXR Price at posting:
0.7¢ Sentiment: None Disclosure: Held
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