Once IXR starts to make Positive cashflows and have Premium Pricing setup/structure with OEM's for secure Rare Earths, Makuutu will then come into Play, with the right pricing for HREE even Makuutu can be profitable, but until then IXR needs to finalise MREC Flowsheet in Processing and Refining into High Purity Rare Earth Oxides, Scoping Studies with VMM will probably be ready late 2024/Early 2025, Also Tim mentioned in the Webinar that we have a further three patents being processed to improve the technology.
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