IXR 16.7% 0.7¢ ionic rare earths limited

I would like to think we are seen as valuable to the future UK...

  1. 152 Posts.
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    I would like to think we are seen as valuable to the future UK supply chain.
    Enough so, that their government will help to keep us alive.

    Lots of talk coming from governments, but the reality of funding and movement at grass roots level has been limited.

    It seems if your Twiggy or Gina, you get millions, for anyone else, its an uphill battle.

    VMM share sale will probably be instigated to some extent, which is usually a broker negotiated block trade off market.

    Makuutu could be next if they can find a buyer.....and may slip into Chinese hands.
    Once again, the UK ,may be counting on Makuutu for heavies, so may get involved to keep it out of Chinese hands.
    A lot of this depends on the governments willingness to participate.

    And I fully expect to see strict fiscal management.

    That may include staff cuts, cuts in salaries and office closures or downsizing.

    Nothing is off the table to keep us going until these deals are locked in.

    Some tough decisions which have to be made, to ensure the greatest chance of survival.

    And those tough decisions have to be made now.

    Can they turn this around?

    Yes they can, but the tough calls HAVE to be made.




 
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