IXR 11.1% 0.8¢ ionic rare earths limited

Strange way to support your investment openly admitting, even...

  1. 3,660 Posts.
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    Strange way to support your investment openly admitting, even bragging that the shares have been up-ramped !!!
    Sorry to inform you but:.

    1) IXR does not have ESG accreditation, how could they when they do not yet have an ASIC approved Feasibility study ?
    2) 600ppm TREO is most definitely not High Grade
    3) Not heavily diluted ? You have nearly FOUR BILLION shares on issue and still only have around 50% of the Project, !
    4) A billion tonnes ? show me a JORC compliant Ore Resource statement !
    5) Not surface, most ore grade material starts at 4metres deep ~ this overburden still has a cost to strip and stockpile it, my estimate US$1-2/m
    6) You, actually Seren tec obtained a grant to develop the refining, IXR have received diddly squat to develop Magnet recycling !

    But go ahead do go ahead with your bogus claims, it seems to be having its effect, the cheaper they are the less I will have to pay if the FS passes muster



 
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