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1.2¢ ionic rare earths limited

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skijapan

2,935 Posts.

762

01/05/24

16:10

Post #: 73612482
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Originally posted by Golf36: ↑

Lynas Rare Earths had a market cap in 2017 of $3 million 5 years later a market cap of $ 5 Billion yes they had good RE prices to help along. There market cap is now 6 Billion after a poor year.

Takes min 5 -7 years to get a mine started , we could be mining in 2026 , we have done the hard yards with all the logistics out the way, Licence, EPA permits and the rest of
it.

Ex China prices and we will be profitable, especially because we are doing our own MREC , down stream up stream value added.

The last time I spoke to management they basically stated they can't focus on share price, they have to keep ticking boxes but unfortunately they have to spend money to do that, they are comfortable that enough boxes ticked will reflect the share price , soon share holders will benefit

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Comparing IXR Makutu grade of 0.016 TREO to LYC Mt Weld 5.4% TREO is a stretch of Biblical proportions.

IXR Price at posting: 1.3¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $57.97M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$12.85K	1.074M

Buyers (Bids)

No.	Vol.	Price($)
9	1087054	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	5935106	18

View Market Depth

No.	Vol.	Price($)
9	1087054	0.011
30	13516510	0.010
38	18084193	0.009
13	5690627	0.008
10	6457314	0.007

Price($)	Vol.	No.
0.012	5935106	18
0.013	5622441	7
0.014	2973413	8
0.015	3521454	8
0.016	2596909	5

Last trade - 11.40am 12/07/2024 (20 minute delay)

IXR (ASX) Chart