What I am focusing on, is that IXR state they are expecting FID...

What I am focusing on, is that IXR state they are expecting FID in "the second half of 2024" for Makuutu.

If so, that's a company-changing event.

Remember, FID (Final Investment Decision) is a drop-dead process IMHO. It's when the company and its business partners have formally committed to proceed with the development.

Importantly, for FID to be executed, IXR's Makuutu project would need to have secured:
Offtake partners,
Engineering
Construction costing etc
Environmental approvals
Govt approvals
Transportation
Probably export approvals
and finally
FUNDING Commitments.

There will be no FID until those processes are complete, because no one will formally commit to fund such a project until they have certainty around those processes.

So if IXR can in fact reach FID by year end 2024, then we can expect a number of major announcements prior to FID --- particularly Offtakes.

And every day the world gets closer to another conflict.
Every day it seems we read headlines that countries are re-arming, and clamouring for Rare Earth materials for their re-armament.

So surely Offtake partners will be keen to secure supply from a new non-China processor?
And Makuutu will be producing MREC by end 2025 or early 2026 they claim.