That's right. IXR now has 3 separate businesses. 1. Makuutu 2....

That's right.

IXR now has 3 separate businesses.
1. Makuutu
2. Ionic Tech
3. J/V with Viridis.

- All three are in different geographic jurisdictions.
- All three can probably be run independently of each other.
- Each/any one of the three could be sold off, or spun-out of IXR
- Each of the three could feasibly generate very significant revenue and cash flow.
- Each of the three could obtain funding and capital independent of the others.
- There are huge opportunities to create synergies within those three business, and cross-sell product to he big players. Imagine it - if an Offtaker like Ford wants substantial product, it would know it could source that product via Makuutu, or Viridis, and Belfast.
- So it not only secures product from a supplier other than China, but it can source that supply from different geographical locations. So security of supply encompassing supplier, geographical location, and production.
- realistically, IXR might be able to not only blend product to suit Offtaker, but blend pricing to suit particular client needs.