I am so glad you shared this video. The importance of what is being stated here can't be underestimated. The refinery is huge value addition and is a vital part of the Ex China supply chain.
It highlights how strategic the buy in to VMM was as well. This wasn't some plain/boring share placement involvement. TH is a board member of this company. Also Sufian (IXR board member) and Bilal Ahmed being the 2 top shareholders of VMM. They are both in the top 5 of IXR. It has to be noted that Sufian has recently put huge dollars into IXR after already being a large holder. Having this close involvement with VMM strengthens our ability to fund and attract support for a refinery with two assets being able to feed it (if this is their intention).
TH has spoken about the cookie cutter approach to our recycling business. Imagine a refinery business being done alongside of this? Imagine the amount of traceable and usable rare earth product that off takers could have their hands on in numerous locations.
There is a way bigger project happening here than just a mine digging up minerals.
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53 | 20516368 | 0.012 |
24 | 12598573 | 0.011 |
29 | 13490323 | 0.010 |
5 | 3311900 | 0.009 |
Price($) | Vol. | No. |
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0.015 | 10512196 | 23 |
0.016 | 7424115 | 12 |
0.017 | 6052607 | 13 |
0.018 | 2473261 | 12 |
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