IXR 12.5% 0.9¢ ionic rare earths limited

Ann: Interest in Makuutu Rare Earths Project increases to 51%, page-4

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  1. 5,315 Posts.
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    This now confirms to me that very keen eyes are well and truly in our data room. Will they make a move or will we see a JV. Can’t wait to read further significant reserves being added once we analysis the outstanding huge pile of core samples and then get the SS completed and we get to 60%.

    So much good news to come before Xmas. Plus cash in bank and should need another CR so SP can maintain further momentum.

    Question wouldn’t it be more prudent to undertake another round of drilling (3000 m) so we can send a stronger position to the global market or have they done enough??? I just love it when aggressive large scale drilling is in play. Generally if this is to be extended then this would have a much bigger increase to our MC and potential TO offers down the track in my opinion. GLTA.
 
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