IXR 3.85% 1.4¢ ionic rare earths limited

did anyone notice the change in language in this preso compared...

  1. 8,508 Posts.
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    did anyone notice the change in language in this preso compared to a matter of just days ago?

    it seems IXR are making rapid progress in deals to commercialize the Ionic Tech technology to involve commercial partners.

    Just the other day they said this:

    Untitled1.jpg

    then in todays release IXR says this:

    Untitled.jpg

    it's gone from negotiations, to "on the table" --- that says to me that negotiations have firmed-up, and seems a deal is imminent.
    Real proposals seem to be about to be concluded.

    So that would have positive implications re funding of new commercial facilities, re Offtakes of refined product, and credibility.
    Plus, now any positive developments in Ionic Tech side, would have positive implications for the development of the Brazil JV, because the Ionic Tech processes will be used in that JV refinery.

    These guys are moving at speed, and at some point the market will take notice.

    IXR is a bit player at this point, in a potentially huge and security conscious market, and at some point the big players will wake up, and take a bite.

    When you have currently credible customers like LCM and Ford, if IXR teams up with other big, credible JV partners or customers, then the big operators in the producer markets will surely want a slice of IXR and its business??

    We are moving rapidly to that position.
    Hold on to your hat.
    Last edited by jake0002: 16/04/24
 
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