IXR 7.69% 1.2¢ ionic rare earths limited

Ann: Trading Halt, page-37

  1. 2,879 Posts.
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    Looks like Makuutu is dead in the water , or at least put into care and maintenance with TREO Grades of 0.016 as totally uneconomical at todays prices in receiving any funding arrangement at the end of this year or the foreseeable future .

    Only saving grace would be a strategic or cornerstone investor coming in as Tim has being saying that now for over 2 years to stump up , as money talks and BS walks.

    Belfast should be spun off into its own entity to give SHs the only remaining value in IXR.

    Would think after the CR is done without a strategic the only value left in IXR will be its holdings in VMM.
 
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