You are correct in some small way. But IXR now has its noes...

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Terryfield

455 Posts.

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13/02/25

11:17

Post #: 77837084
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Originally posted by ChinaSyndrome: ↑

Potential, Potential, Potential ~ nothing definite.

So DNA are going to produce 1,000tpa of magnets ~ which will contain around 300t of RE's

And IXR might get to reprocess the excess swarf from machining; even 10% would suggest very poor casting and most foundries consider anything over 5% to be excessive.

Do the sums and this boils down to reprocessing about 15 tons of RE p.a; with a margin of ? US$15,000/t = US$225,000pa

I don't think that is going to have much effect on the EBIT/SP ..... around $0.000045 per share by my reckoning!

Honestly, was it even worth the cost of flying to Sth Korea to negotiate this "POTENTIAL" deal ?

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You are correct in some small way. But IXR now has its noes slightly in front of the other going nowhere stock you hold.

IXR Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $107.0M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$31.57K	1.658M

Buyers (Bids)

No.	Vol.	Price($)
68	21907581	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	9336941	17

View Market Depth

No.	Vol.	Price($)
68	21915763	0.019
49	17045274	0.018
18	7859439	0.017
29	7475862	0.016
32	8789803	0.015

Price($)	Vol.	No.
0.020	9336941	17
0.021	3375391	11
0.022	6284596	5
0.023	3281716	9
0.024	3091291	13

Last trade - 10.53am 31/07/2025 (20 minute delay)

IXR (ASX) Chart

You are correct in some small way. But IXR now has its noes...

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You are correct in some small way. But IXR now has its noes...

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