IXR ionic rare earths limited

General Chat / Discussion, page-13558

  1. 4,011 Posts.
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    Every now and then you give a teeny weeny bit of good advice, "don't take anything for granted, even the information I post, stick to the facts".
    And earlier you made a very profound statement "everything is CONFIDENTIAL" ie YOU don't, or should not, KNOW. So unless the Company has actually provided a press release or ANS, everything posted here is pure SPECULATION or worse MISINFORMATION.

    So, let's get some FACTS straight:

    1) The Companies own web site is saying Makuutu's Resource is 617Mt @ 630 ppm, NOT 740ppm
    2) Yes I am concerned about the Environment, The last plan I am aware of is to dump the low level radionuclide concentrate back into the mined-out pits ~ which just happen to lie directly above paleo-channels feeding the local water table. Other companies address a similar problem by constructing properly engineered leak proof tailing storage facilities.
    3) Strictly speaking Makuutu is not an "Ionic" clay, the RE's are bound, which is why test recoveries are in the 30-40% range rather than VMM's 80%+
    4) There is nothing mysterious about how to make a profit: You simply need an operation where Revenue exceeds ALL costs.
 
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