IXR 10.0% 0.9¢ ionic rare earths limited

Wow.... these guys know how to spend cash... IXR raised 5,8 mil...

  1. 2,283 Posts.
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    Wow.... these guys know how to spend cash...

    IXR raised 5,8 mil issue of shares etc,
    IXR sold part of fig tree for 2.5 mill (roughly)
    IXR are capital raising again for 3 mil....

    expecting another 5.4 mill once geotechnical study is completed and successful

    2,600,000 in admin fees per annum???? I'm guessing that includeds paying all the experts with these "metallurgy sudies" etc...

    6,509,000 in exploration which is expected...

    cash held 1.7 mil... IXR just received 2.2 mil? these characters better start pulling their fingers out... otherwise I'll be pulling my investment out...
 
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