IXR 14.3% 0.8¢ ionic rare earths limited

Clearly states.Valuation: A$0.09/shareOur risked NPV for IXR is...

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    Clearly states.

    Valuation: A$0.09/share

    Our risked NPV for IXR is A$0.09/share (fully diluted), compared to the
    to the current share price of A$0.037. We have applied a 50% risk
    weighting to account for outstanding project risks (financing,
    construction, commissioning) and dilution for a A$38m equity raise at
    A$0.05/share to fund IXR’s equity contribution to the project (we assume 60:40 debt and equity split).

    Key catalysts for IXR to unlock this valuation upside are approval of the mining licence, securing project
    financing (debt and equity), commissioning of magnetic recycling demonstration plot in Belfast, and
    commencing early works at Makuutu.

    Key risks: delays in the mining licence application; increase in development capital costs; technological risks
    with processing REEs; and country risks with operating in Uganda.
 
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Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $38.95M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $53.85K 6.740M

Buyers (Bids)

No. Vol. Price($)
1 59155 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 5884287 12
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
IXR (ASX) Chart
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