The price isn't going to move as much as anyone here wants it to move until capital raises are the thing of the past and the commercial plant built or close to it which will be early to mid next year. Yes we may get to 0.010 sometime this year but will come back down. Market cap is sitting at 31mil currently and obviously the market even sees that as a reasonable price or overpriced but who and would sell at these prices losing a lot of money? Such a large amount of shares on the market too will make this VERY hard to get the share price moving so sorry to burst any bubbles be ready for a long BORING wait to sell at a smaller loss or break even.
management loved selling the dream early days and hate looking like a fool. But what else can they do when they only have the recycling technology going for them and 100% realise on government funding and we all know how long that takes....
IXR Price at posting:
0.6¢ Sentiment: None Disclosure: Held
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