IXR 11.1% 1.0¢ ionic rare earths limited

It makes you wonder who the Buyers are, with nearly 400M new...

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  1. 3,739 Posts.
    lightbulb Created with Sketch. 1957
    It makes you wonder who the Buyers are, with nearly 400M new shares soon to come onto the market at 2.1c

    Anybody who misses out will probably have another opportunity, when IXR raise some more money to buy out RWZ's 40% share
    And again when they need to raise US$100M+ CAPEX for Makuuta
    And possibly again when they need to raise US$20-100M ??? for Belfast.

    Still I must say that the VMM Investment looks like it may pay its way, It is a pity that IXR could not afford to keep up its % and is no longer a Substantial Shareholder, I wonder if Tim will remain with them ?

 
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