IXR ionic rare earths limited

Ann: Results of General Meeting, page-25

  1. 885 Posts.
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    Amazing how default position is moaning and complaining. Suggest you attend the meeting and develop an informed view
    Dont see anyone mentioning Tim and Brett got options at the expense of $100,000 in salary each so they could preserve cash. Or that operating costs are down 70%
    But that’s just housekeeping compared to the opportunities in front of the company and I’m impressed at the ambition of the Board and management and how they are developing the strategy under pretty tight cash constraints
    Like others disappointed they missed the funding target but it seems govt rules changed and they feel they have addressed that and are advanced on knocking the door down. I believe they said the hinges are off
    I’m doubling my holding tomorrow. Both from confidence in strategy and knowing when they hit the key milestone a further cap raise will occur at a higher price. DYOR
 
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Last
1.1¢
Change
0.003(37.5%)
Mkt cap ! $57.94M
Open High Low Value Volume
0.8¢ 1.1¢ 0.8¢ $622.5K 67.86M

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No. Vol. Price($)
5 1040323 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 4416350 7
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