if it makes economic sense, and viability sense to form this JV between IXR and VMM now, just wait for a merger between the two, once they secure Offtakes, construction approvals, and funding.
Particularly when one thinks about the "supply chanin" security issues, the geographical and operational synergies ( and importantly the security issues that it would address).
Their is a commonality between product, upcoming refining, patents, shareholders, directors, potential offtake partners, probably funding sources etc etc.
Who would take over whom?
I reckon further down the track, that push will come from Offtake partners.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.55M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.0¢ | $118.3K | 10.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 10011369 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1000000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55669 | 0.012 |
1 | 300000 | 0.011 |
21 | 10011369 | 0.010 |
44 | 18258620 | 0.009 |
20 | 11206849 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1000000 | 1 |
0.012 | 2974949 | 12 |
0.013 | 7603731 | 7 |
0.014 | 3223413 | 9 |
0.015 | 2234548 | 8 |
Last trade - 15.27pm 04/07/2024 (20 minute delay) ? |
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