General Chat / Discussion, page-3138

Brilliant interview with the great man. As far as management go there is no better than Tim. Tells it how it is and such a likeable person. Makes investing in IXR that much better knowing he is at the helm. Had to chuckle when the interviewer brought up "So, it'll have to be Europe then as the US are locked in" (referring to Lynas 'potentially' building a heavy rate earth processing plant in the US) and Tim with a smile says "where are they going to get their heavy rare Earth's from? It's all good to build a plant but you need the heavy rare Earth's to process".

An excellent point and hit the nail on the head. The bottom line facts are every man and their dog is trying to get a light rare earth (hard rock) project online and conversely, there are next to zero Ionic absorption clay projects online or in the pipeline outside of China. Even in China, we know that Chinese heavy rare earth projects are depleting fast. They're in Myanmar stealing what little they have. It won't be long before even the mighty Chinese run out of heavy rare Earth's. What's that going to do for the price of those REE? Hmmmmm.

Supply and demand. If IXR's Makuutu is the biggest IAC (heavy rare earth) project outside of China, and to be honest, probably bigger than any single project left in China, the demand for our product is going to be insane. The US want it. Europe wants it. Hell, the Chinese want it too. You do remember the biggest rare earth company in the world (Chinalco) signed that intitial MOU with us.

There will be a long line of companies, countries and governments wanting in with IXR and willing to help fund. It's all about Tim finding the best fit. Hell, with what we have on offer I think we could see some very lucrative offers for funding that limit dilution and the timeframe for payback. Makuutu is one of the most critical projects to the western world. Certainly the most critical REE company imo.

Then that is only touching on what we have in the ground. There is still downstream. There is currently ZERO heavy rare earth processing plants in the west. You think the first to have one won't benefit from it? Of course they will. Governments from US, UK, Europe, Australia, Japan, all want to break China's stranglehold on not just REE but all critical elements needed for EV's and green energy projects for the future.

Then that is only 2/3. There is also the fact like Tim said, 40% of REO magnets come from recycling in China. China make up 99% of that magnet recycling business in the world. The west is going to need magnet recycling. Again, do you think the first company in the west to patent the recycling isn't going to benefit from it? Of course they will.

Just refresh your memory, the UK government have just handed out a £1.72 million grant to IXR's 100% owned, newly named, IonicTech, to produce a magnet recycling demonstration plant. All the seeds have been planted and we are in such an incredible spot here at IXR. The wider market is crap. Inflation blah blah blah. That's life.

I'm not invested in IXT for the short term fluctuations or the medium term unpredictability. I'm here for the long term. If you can't see what Tim and the team have done so far to set us up for success then you best give it away. So much to look forward to in the coming months and we are incredibly undervalued to where we could end up IMO.

Go get 'em IXR.