IXR 0.00% 1.0¢ ionic rare earths limited

Hi Burge 13 I think that IXR can now justify borrowing whatever...

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  1. 2,392 Posts.
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    Hi Burge 13

    I think that IXR can now justify borrowing whatever it would cost to build a large commercial scale recycling plant. The obvious risks with that is not so much current investor dilution but knowing what size plant to build for demand levels in 2, 5 and 10 year time frames.

    From my perspective I would like them to build a plant that has ample scope for expansion over the next 5 to 10 years when we expect demand for recycled ESs to expand exponentially in a very short period of time. Hence our biggest risk in designing a new recycling plant will most likely be that we build too small a plant, especially if there is limited or no room for future expansion.

    Tim H. mate.........go bold and go big. Once it is built you will be swamped with demand within 2 years !!

    Cheers W2
 
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