Majority of RE companies went down in the same period though? Including the big players. how is it IXR specific? We (and the small cap market in general) are going through a period of very low sentiment, just have to read people on here. And the trash talkers love and prey on the emotions when they read it here. You can make exceptions for some new players who have come out with great results as of late like VMM, but even MEI share price hasn't continued to rise up?
The company through this period has still continued to find significant capital to raise to continue this large and diverse portfolio of rare earth assets. You reckon these large capital raises get handed out to anyone? and we aren't talking just a million bucks.
The rare earth production industry isn't like your typical mining industry. It's not like your large Iron ore players etc. The off takers don't want ya dirt out of the ground to deal with. They want product they can use and not stuff about with. We have the stuff in the ground and the tech to deliver what they want. We already have relationships through Ionic tech. Are these not Off take discussions? And guess what, if that customer says we need more than the recycled material in our hands how do we respond? No worries mate we got a whole heap in Uganda we can add on top of this quantity. We are already sending samples of the Ugandan product to partners as well. They don't care what dirt we have they just want to know we will provide them with the product we want. We are a just as much a chemical processing company as a mining company.
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