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Golf36

637 Posts.

159

23/08/24

08:27

Post #: 75336069
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Originally posted by Koproskilo: ↑

Someone out of China.

The Chinese love Africa.

African governments generally do not object to their involvement or investment. There has been some flare ups over the years but they are well and truely entrenched in Africa

The Chinese need heavies.

Makuutu's basket, although not Tier 1 , has a good concentration of heavies.

Its a large and advanced project.

This is not a lock mind you, just my thoughts.

As for value, I have no idea what it could be worth, particularly when incorporating the Africa and 'we need cash now' desperation discounts.

But I think there is a market for this type of resource, and the Chinese would be front runners for it.

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Management seems a lot more relaxed about our cash situation than shareholders , they might even have access to emergency funds if needed, will only inform the Market when they access it,

The RE Carbonate price have increased 12% since its lowest point ,

IXR Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $41.39M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.8¢	$56.76K	6.405M

Buyers (Bids)

No.	Vol.	Price($)
2	199999	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	99999	0.009
33	10959988	0.008
40	18416040	0.007
29	16905849	0.006
44	13809233	0.005

Price($)	Vol.	No.
0.008	100000	1
0.009	4555255	14
0.010	14316421	16
0.011	3221190	5
0.012	2449999	4

Last trade - 15.57pm 01/10/2024 (20 minute delay)

IXR (ASX) Chart

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