IXR 0.00% 0.9¢ ionic rare earths limited

Ann: Strategic Applications Increase Makuutu RE Project Scale, page-54

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  1. 3,942 Posts.
    lightbulb Created with Sketch. 12566
    Yes, but being mindful that at current SOI 14-15c is a 380M market cap. I don't think we'll get to that market cap without one more funding injection IMO. Will need cash for in-fill drill program at MEZ and MCZ to yield a measured and indicated resource. Also drill new tenement for 400x400 spacing for inferred resource and then BFS and Pilot plant.

    But i don't think we'll have an issue securing it and the S/P will be much higher over the next 6 months. IMO.

    SF2TH
 
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