IXR 0.00% 1.3¢ ionic rare earths limited

Ann: Phase 5 Drill Program Commenced at Makuutu, page-2

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    Stage 2 DFS.JPG

    Interesting. Stage 2 DFS. Looks like they'll do an update once the second MLA comes through and use resources from both tenements to support it.

    There's 39mT on RL07 inferred and then A1/B1 section around 50mT.
    A! and B1.JPG

    Purportedly favourable metallurgy properties out there as well. Another 90mT maybe to select from in stage 2 and i'm curious if stage 2 is a higher production case i.e. 10mtpa instead of 5mtpa. Potentially gives 2 options a low capital hurdle options and/or a higher production output from the get go.

    SF2TH
 
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