I cant see any over supply issues thanks to the New Green Economy being touted by every 1st World Government. The EV, Wind Turbine , Solar Power , Battery Storage ( List is endless ) revolution will take care of everything coming out of the ground.
Now for laughs lets just say there was an over supply at some point ( No likely ) well that's when ionic clay deposits will stand alone as the only "commercially viable" options thanks to the below.
Shallow 3 m cover, 12 m thick clay zone, Low-cost bulk mining methods, Low strip ratio, Deposit 37 km in length, Low-cost-high-margin, Higher payability, Higher basket price
Any over supply and substantial price drop would put most hard rock rare earth plays into ( Care and maintenance ) due to their higher costs to produce. IXR would stand alone as the winner
Ps. Now do I think there will be a over supply anytime soon, no !
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.80M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.3¢ | $53.88K | 3.867M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 20838352 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 1474404 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 20838352 | 0.013 |
27 | 10480519 | 0.012 |
17 | 9062613 | 0.011 |
23 | 12225151 | 0.010 |
3 | 2980000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1474404 | 1 |
0.015 | 9310002 | 19 |
0.016 | 6891258 | 11 |
0.017 | 3854593 | 7 |
0.018 | 4808861 | 17 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
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Change
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Open | High | Low | Volume | ||
1.4¢ | 1.5¢ | 1.4¢ | 1949474 | ||
Last updated 15.57pm 03/05/2024 ? |
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