Hey Goldy,Here's a big clue.... IF and it's a BIG IF that DM1...

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dab2021

818 Posts.

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13/10/22

13:53

Post #: 64180561
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Originally posted by Goldhunter122: ↑

ChinaSyndrome, you haven't stopped upramping IXR, yet hold no shares in them at all. So you must be a Broker.

Now my question to you is why don't you gain exposure to IXR, is it because it is low grade, low recovery thin REE Clays in high risk Africa?

Rather than earn $100k in fees as cash, why haven't you even taken $2k in shares in IXR?

Or is it the $A330million capex that IXR will need to raise via another Capital Raising...

There are currently 3.8+Billion (yes with a B) IXR Shares on issue and the current share price for IXR is 4.3c. At best IXR may receive $50million in loans.

So a conservative $A280million CR would require how many more shares to be issued by IXR?

Whereas DM1 will be able to access the Australian Federal Govts's $2Billion Critical Infrastructure Funding Facility at a much lower capex than IXR's.

Supporting critical minerals projects (exportfinance.gov.au)
The Australian Government’s Critical Minerals Facility
In 2021, the Australian Government established the $2 billion Critical Minerals Facility, which is managed by Export Finance Australia. Projects that are aligned with the Australian Government’s Critical Minerals Strategy, and are otherwise in Australia’s national interest, may be able to access finance through this facility.

I'm looking forward to DM1 confirming these REEs run for the 20km strike length x 5km wide, by 20metres to 80metre thicknesses at Innouendy....GLTA DM1 shareholders.

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Hey Goldy,

Here's a big clue.... IF and it's a BIG IF that DM1 studies a profitable exercise you can bet your bottom dollar that capex will be much north of $300 odd million....
Get that out in bold...

But I digress, DM1 haven't released their results yet....

DM1 Price at posting: 40.5¢ Sentiment: None Disclosure: Not Held
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