Australia's largest stock trading and investment forum Australia's #1 stock forum

IXR

Click for more information

0.00%

0.6¢ ionic rare earths limited

General Chat / Discussion, page-8771

First 8771 Last

Share
Profile

Follow
roblun

5,530 Posts.

2200

05/04/24

13:07

Post #: 73206449
Share

Originally posted by Scoota30: ↑

VMM are more than just a truck with a drill rig and soon enough they will have a MRE with potentially the highest grade & sized IAC deposit in the world, they also already have mining licences in place for some of their areas as well as clear and public support from the brazilian government. To be fair, I imagine this JV being signed now means that the refinery scoping study can progress at the same time as VMM's DFS for their MREC production so that when a FID is ready to be made to build the mine, the refinery hub can be built in tandem.

This deal now also means that when Tim is speaking to the supply chain, through the JV he has effectively doubled or even tripled the future REO throughput that can be offered. From the Crux interview Tim mentions that because the supply chain isn't in place at the moment, the supply coming online must be staged to meet the supply chain growth otherwise you end up with bottlenecks.

By doing this JV it basically cements IXR's place in the western supply chain more-so than it already was as of last week.

Expand

I think this is The Crux Video, building the supply chain!

IXR Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

TAT

Tartana Minerals firms up producer status with recent 150tn shipment of copper sulphate to the NT

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

RDN

Raiden Resources jumps 11% as Andover South drilling to kick off with PoW on Minister's desk

ASX

ASX explains: How 'futures' are predicted

GMD

Genesis set for higher gold production in FY25 and earlier mill start

There are more pages in this discussion • 1,563 more messages in this thread...

First 8771 Last

Add IXR (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $29.21M

Open	High	Low	Value	Volume
0.6¢	0.7¢	0.6¢	$45.58K	7.572M

Buyers (Bids)

No.	Vol.	Price($)
10	3682761	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	7689939	22

View Market Depth

No.	Vol.	Price($)
10	3682761	0.006
56	27484167	0.005
11	8055029	0.004
12	15552332	0.003
9	15900001	0.002

Price($)	Vol.	No.
0.007	7689939	22
0.008	9352449	17
0.009	5118178	13
0.010	10543892	15
0.011	789693	2

Last trade - 16.10pm 02/09/2024 (20 minute delay)

IXR (ASX) Chart