IXR 11.1% 1.0¢ ionic rare earths limited

Great presentation; and I would love to seem the same format...

  1. 3,739 Posts.
    lightbulb Created with Sketch. 1957
    Great presentation; and I would love to seem the same format showing "Ore Reserves", Resource size is a very questionable metric given that it has no bearing on profitability or if the deposit has been fully drilled out or not.

    The only classification that supports the economics of an operation is "Ore Reserves", If you can't generate a profit it does not matter how big the Resource is !

    Anything below 1% for Hard Rock and 1,000ppm for Clays would be struggling to classify any of their material as "Ore" at todays prices.
 
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