IXR ionic rare earths limited

I attended and am happy with the strategy and execution progress...

  1. 885 Posts.
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    I attended and am happy with the strategy and execution progress . Brett is having a positive impact with costs down , the mine mothballed for now and a multi geographic recycling plan under way. Despite the Hot Copper haters focusing only on salaries corporate overheads are well down and this is forecast to continue.
    Dublin continues to secure government support with a target of commissioning the new plant by 2027 which should result in cash breakeven
    Brasil is a bright spot with a motivated joint venture partner targeting 100 te production of magnets next year with high levels of recycling anticipated.
    The company remains flexible with regard to ownership of assets vs pure licensing and is exploring some lucrative business opportunities in serving magnets on site which would be a completely new business segment
    i will participate in the raising based on the outlook

 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $57.94M
Open High Low Value Volume
1.2¢ 1.2¢ 1.0¢ $121.8K 11.00M

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1.1¢ 5780452 9
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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