There is no doubt in my mind, is that any material commitment by a UK Govt agency or Brazilian Govt agency, or by a major commercial partner, to support the commercialization of IXR's recycling operation in either UK or Brazil, will provide IXR with something more valuable than straight-out funding.
And that's CREDIBILITY.
Because that will independently verify the credibility of IXR's recycling process, its business case. its technology and its management, the credibility of its ability to actually deliver the product, and importantly IXR's ability to help secure "security of supply chains".
Thats what these Western Govts are so desperately seeking.
That confirmation of "credibility" of IXR's business case will simply underwrite IXR's ability to expand its recycling business case globally. Example - many of the Asian countries don't want to be first cab off the rank - they wait until someone else goes first, then they embrace the process.
2025 will be an exciting year for IXR and all of us.
IXR Price at posting:
1.0¢ Sentiment: None Disclosure: Held
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