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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- Ann: IXR and VMM to form REE Refining and Recycling JV in Brazil
if it makes economic sense, and viability sense to form this JV...
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Mkt cap ! $48.31M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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0.015 | 2652497 | 11 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last updated 15.58pm 14/06/2024 ? |
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