IXR 0.00% 0.8¢ ionic rare earths limited

Those figures are from the original scoping study and have...

  1. 40 Posts.
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    Those figures are from the original scoping study and have clearly been reworked since and are significantly lower than the USD212M Capex you have plucked from that document.

    During the Proactive video released just yesterday (thanks to @Whiddon3 smile.png), Tim said the following:

    "Look, we're working on finalising that feasibility study now and the metrics around that. The expectation is that the capital development will be somewhere in the order of 130 to 150 million USD. We're reasonably confident that that's where the numbers are going to sit. That's reasonably in line with where the previous studies were at, so early indications are that we're in that band."

    Clearly, the feasibility study is nearing completion and Tim Harrison has clearly stated the expectations.

    Yet again, 'Not Held', yet throwing mud in an attempt to instil doubts in those investors with weaker constitutions.

    As @TurtleTrainer said above, that figure is LOW CAPEX when compared to hard rock projects.

 
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