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1.3¢ ionic rare earths limited

I think this is The Crux Video, building the supply chain!

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roblun

5,080 Posts.

2093

05/04/24

13:07

Post #: 73206449
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Originally posted by Scoota30: ↑

VMM are more than just a truck with a drill rig and soon enough they will have a MRE with potentially the highest grade & sized IAC deposit in the world, they also already have mining licences in place for some of their areas as well as clear and public support from the brazilian government. To be fair, I imagine this JV being signed now means that the refinery scoping study can progress at the same time as VMM's DFS for their MREC production so that when a FID is ready to be made to build the mine, the refinery hub can be built in tandem.

This deal now also means that when Tim is speaking to the supply chain, through the JV he has effectively doubled or even tripled the future REO throughput that can be offered. From the Crux interview Tim mentions that because the supply chain isn't in place at the moment, the supply coming online must be staged to meet the supply chain growth otherwise you end up with bottlenecks.

By doing this JV it basically cements IXR's place in the western supply chain more-so than it already was as of last week.

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I think this is The Crux Video, building the supply chain!

IXR Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $62.80M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	110228	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
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No.	Vol.	Price($)
2	110228	0.013
62	17267080	0.012
25	9630669	0.011
20	11081402	0.010
8	4617545	0.009

Price($)	Vol.	No.
0.013	3772351	2
0.014	8442475	34
0.015	9436751	20
0.016	3698859	5
0.017	3750202	9

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