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1.0¢ ionic rare earths limited

Thanks Wombat, thats how I see it as well, 100% right on the...

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roblun

5,862 Posts.

2316

11/12/23

15:51

Post #: 71387264
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Originally posted by Wombat2: ↑

Hi Dr Sanchez
I believe you have misunderstood the process of license granting.. IXR had to acquire 100% acceptance by the residents in the land that will be affected by compulsory relocations. The company achieved 95% acceptance or thereabouts and reported that 100% of the peoplewho could demonstrate that they had a legal titleto their landhad signed the agreement of consent.

It would seem that the remaining 5% of landholders could not demonstrate that they had ever had a legally enforceable title to the land they occupied. We have been lead to believe that the Ugandan Government will in due course grant the mining license. If I am correct and that it is a done deal so to speak, so it should just be a matter of a few more weeks before the ML is granted. Governments move slowly when processing legal agreements so I hope that we just need to be patient.

If anyone has better information please post their interpretation on what I have discussed.

Chrs W2

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Thanks Wombat, thats how I see it as well, 100% right on the money!

IXR Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $48.69M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.9¢	$29.66K	3.005M

Buyers (Bids)

No.	Vol.	Price($)
27	8453362	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	2686849	5

View Market Depth

No.	Vol.	Price($)
27	8453362	0.009
20	3797977	0.008
21	8394660	0.007
15	11384499	0.006
25	6647173	0.005

Price($)	Vol.	No.
0.010	2686849	5
0.011	6661608	14
0.012	2771276	10
0.013	4047277	8
0.014	1992885	6

Last trade - 13.01pm 14/11/2024 (20 minute delay)

IXR (ASX) Chart