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1.4¢ ionic rare earths limited

This will help to supply the REO from JVCo in BrazilTons of REO...

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roblun

5,018 Posts.

2065

10/04/24

17:32

Post #: 73282219
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Originally posted by roblun: ↑

IXR is allowed to buy MREC from VMM, JVCo =
VMM sells its MREC to the Joint Venture/ or Offtake agreements, basically has two options, see the flow chart below

SST = Selective Separation Technology ......Ionic Technology
RRT = Recycling

This is only for in Brazil

While VMM is still in its early stages, the JVCo can start in Brazil and process Hard Rock REE Concentrate and other Brazilian Clay Deposits MREC, using Ionic Technology start producing REO

With VMM, VMM sells its MREC to JVCo at REE Market price or to another Facilty or offtakes

VMM will receive 50% of the Gross sales of REO and JVCo the other 50%, out of that 50% the profits will go to IXR + Magnet Recycling in Brazil using Ionic Technologies

Need to read this, very carefully

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Originally posted by roblun: ↑

Ionic Rare Earths and Virdis VMM to form REE Refining JV Brazil

VMM has key MOU's Signed with State and Local Governments

Great Infrastructure

VMM timelines

Great REE Recoveries

And Exceptional PPM TREO

Even at these REO prices VMM (very high PPM TREO and Recoveries) is very profitable and also for Ionic Technologies

Expand

This will help to supply the REO from JVCo in Brazil

Tons of REO will be needed just in Brazil!

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

0 Great analysis

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(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $67.63M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.3¢	$57.94K	4.176M

Buyers (Bids)

No.	Vol.	Price($)
75	27534940	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	1676525	4

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No.	Vol.	Price($)
75	27534940	0.013
28	10520519	0.012
17	9562613	0.011
25	14325151	0.010
3	2980000	0.009

Price($)	Vol.	No.
0.014	1676525	4
0.015	10656940	17
0.016	5891258	9
0.017	3954593	8
0.018	4708861	16

Last trade - 13.26pm 02/05/2024 (20 minute delay)


Last 1.4¢			Change 0.001 ( 3.05 %)
Open	High		Low	Volume
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Last updated 14.04pm 02/05/2024 ?

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