Day to day discussions

Hey lads

Starting a day to day discussions thread to keep the chat all in one spot.

Bought in today after researching for a few weeks. the opportunity here seems a no brainer for the following reasons...

-IPX have the tech to recycle and produce titanium at low energy consumption and low emissions, lower then both conventional aluminum and SS
-The US are 100% reliant on China and Russia for imports of titanium (and most of production)
-The US have no local Rare earth element deposits
-The US are growing in their critical element shift away from china and Russia
-The titanium market is tiny compared to the aluminum and stainless steel markets, meaning if IPX can produce titanium at low cost and emissions then titanium will become more mainstream and grow its capture of the market
-Recycling of US titanium (largest consumer in the world) can create a closed loop circuit meaning no need for more imports
-The Titan project is the largest titanium deposit in the US with REE, think defense!
-The pricing of titanium... ~$250,000 a tonne. IPX production target of 10,000tpa is a $2.5Billion revenue a year!


I'm sure I've missed a few points but feel free to add them positive or negative as we need to think in both terms to critically analyze the opportunity.



Cheers

Miljew