Ann: Ioneer signs MOU with Shell Canada for Sulphur Supply, page-26

I think the problem we now face is a solid overshoot on interest rates and a significant cut by probably mid next year.

	Effective Date	Change% points	Cash rate target%	Related Documents
7 Dec 2022	+0.25	3.10	Statement
2 Nov 2022	+0.25	2.85	StatementMinutes
5 Oct 2022	+0.25	2.60	StatementMinutes
7 Sep 2022	+0.50	2.35	StatementMinutes
3 Aug 2022	+0.50	1.85	StatementMinutes
6 Jul 2022	+0.50	1.35	StatementMinutes
8 Jun 2022	+0.50	0.85	StatementMinutes
4 May 2022	+0.25	0.35	StatementMinutes

3% in about 6 months
on a $500,000 home thats $15,000 p.a taken off them via increased interest payments.

No need to justify INRs potential I am fully aware of it mate. The issue is, in horrid markets, the go to is earnings not future earnings.

Would hope for some bounce back from 48c back to 53/52 but may have a hard time cracking above without an announcement. Not a day trader but I read somewhere when a support is broken (53c) it becomes a resistance. Am hoping for a leg up (or two) over the holiday period but guess this will depend on what news is delivered and when or possibly IF.

The DoE is a government department so we are relying on government and then Ioneer have said "expected" or "should be completed by". Might not get any news until early 2023