At today's Rear Earth Prices, Pensana will have the same problems generating sufficient profits to sustain ESG in Angola, let alone making profits to pay back their loans (500MUSD, Mine + Refinery if they ever receive funding?) in 4 years, and Peak Rare Earths now controlled by China,
What ever you say about IXR is the same for you China Ol'boy & JapSki even if you have high grades at these RE Prices, not Viable, except if you're owned by China.
I'm very happy that IXR has moved away from mining
China will take full control of PEAK
Another Cap raise
enough raised to pay the BoD salaries for the next 12months
IXR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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