Share
59 Posts.
lightbulb Created with Sketch. 4
clock Created with Sketch.
22/12/21
20:56
Share
Originally posted by setfire2thehive:
↑
Yes been extremely busy hence the absence on socials. Structuring up something greenfields and the sole accountable person for the project so a lot of work on my plate outside my investing. I thought the results were very good. I mean the infill we probably expected to be good, but the very nice aspect was the grades and depths on the outer regions of the resource and also the smaller regions which are currently not categorised of exploration only. All in all, it means probably an increase in overall MRE but the key point is really the measured indicated portion. The excellent part about the measured and infill results on the central zone is that as part of the mine plan this will likely be the initial feed stock. Meaning you have the highest grade stuff being fed in the initial years. Meaning optimising margins in the early years. From an NPV perspective the more profit you can generate in the earlier years the larger impact (positively) it has on your IRR and NPV. IXR has a very solid pipeline for 2022 and as i indicated maybe 6-12 months ago this would be the boring part of owning the stock and that we would/should see people buying and the S/P increasing as we approach the FS completion and Mining licence grant which occur in Q3. In the lead up to that we have a number of notable pieces which feed into that. -the MRE upgrade, -part 2 of the met results, -ESIA -landowner agreements -demonstration plant On top of that we made a tangential step with acquiring the magnet tech aspect. For me writing is on the wall and page 8 of the recent presentation spell out the mine to magnet plan IMHO. We've the the mine and the product. There's the SS for refinery and now we've got the tech for recycling and separation/refining. IXR looks to be pivoting from a simply mine operation selling a product, and will probably end up end to end mine to magnet business. The recycling aspect is actually fairly awesome. Essentially turning the magnets back into intermediates (essentially like having another mine producing a finished product) which IXR can use in compliment with it's own sourced supply to meet any demand required. I think in 2022 market will have the information at hand to view IXR not simply as a miner of rare earths but as it's own entire supply chain. If ixr underpin that with more announcements like the seren tech market will eventually catch up. If not we've got enough of a news pipeline in makuutu to keep the punter interested. Aclara IPO listing valued their IAC project almost double IXR and for 20mT of product. IXR has 315mT and growing. So massive potential on mine alone. Throw in your own refining and magnet business and we're not even in the same post code. Further to that the parties that underwrote the aclara IPO are probably similar parties IXR been dealing with. They've know proven there is a strong appetite for these projects. Likely they just want their piece of the pie. Thing always suck until they don't. I remember ixr as a 15M project hopefully to discover a deposit and saw the upside then. in the next 12 months we'll potentially be an advanced development mine to magnet project (maybe even funded for construction) with who knows what kind of partners. I'm thinking US and EU based for our downstream. I think there's a similar opportunity of share price and company growth in next 12months. Use aclara as a benchmark for makuutu and then Alkane now ASM will become a better benchmark moving forward as a downstream product producer. Don't get caught up much on the day to day - market/macro factors dictate that. People often associate success with the S/P. So if we rise in 2 weeks time we're a better project than we were before. Reality is it's the same, just depend whether the market thinks so or not. My mantra is buying stocks other investors will want to buy in 6-18 months time. IXR will be highly attractive then hence why i've increased exposure here again over last 3-5months. REO pricing remains at near all time highs meaning the projects never been more profitable on paper than it is today. One the wider market gets it's stuff together should see a rising tide lifting all ships. I expect IXR to out perform based on the upside immediately evident for aclara IPO and secondly, underpinned by the strategic pivot into downstream technology. Not any concerns for me. Team is doing an excellent result. S/P dictated by the market - hard to know when they think the same as existing holders. SF2TH
Expand
Hello, When you compare the tonnage of product between Aclara and IXR (20mTvs315mT), is it MRE times grade or what is the logic behind? Seen the number on our part I would think grade is not yet taken into account? And then that we would need to take it into account as we have low grade because of a clay deposit? I apologize if I mixed everything up as I am a beginner in mining. Thanks in advance for your help, Btw, great analysis dopi
Last edited by
dopi :
22/12/21