IXR 0.00% 1.0¢ ionic rare earths limited

Ann: Makuutu Mineral Resource Estimate Expanded, page-8

  1. 354 Posts.
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    "More stuff is good"

    That is 100% not how it works. As seen by the share price. The grade is at a level where it is making Makuutu questionable, even if rare earth prices went up 50% tomorrow it would still be questionable.

    Our only hope is value addition further downstream inc but not limited to the demonstration plant favourably processing the material. I'm not holding my breath. My hope is now in the recycling to preserve my diminishing capital.
 
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