All looks promising, so why is the SP where it is?Lots of...

All looks promising, so why is the SP where it is?

Lots of interest:

Locally:-
Two public hearings were completed in early August 2022 in Bugweri and Mayuge Districts with significant turnout from NEMA, Ministry of Energy and Mineral Development (MEMD), government representatives, district leadership, local communities and stakeholders providing strong support for the Project. The total registered attendees at the hearings over the two days amounted to 3,800 persons which indicates a keen interest in the Project by the Ugandan community. An additional 65,000 live twitter feeds were recorded across the two hearings reflecting the significant interest in Uganda on the development of Makuutu.

Daily share T/Over sizeable

Approx. 6 Qtrs of funding

Profess to be a future alternative for a supply chain outside of China

OR is it the location that some are concerned about?

I think some weeks back, the Shorts were targeting IXR to some extent, they now look like they've moved away? So perhaps IXR is near its lows?