if it makes economic sense, and viability sense to form this JV between IXR and VMM now, just wait for a merger between the two, once they secure Offtakes, construction approvals, and funding.
Particularly when one thinks about the "supply chanin" security issues, the geographical and operational synergies ( and importantly the security issues that it would address).
Their is a commonality between product, upcoming refining, patents, shareholders, directors, potential offtake partners, probably funding sources etc etc.
Who would take over whom?
I reckon further down the track, that push will come from Offtake partners.
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $65.22M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $6.614K | 505.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4163092 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 12519157 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4163092 | 0.013 |
49 | 20866769 | 0.012 |
24 | 12822482 | 0.011 |
29 | 13590323 | 0.010 |
6 | 3367545 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 12519157 | 32 |
0.015 | 10056653 | 20 |
0.016 | 7524115 | 12 |
0.017 | 5112607 | 13 |
0.018 | 1729737 | 11 |
Last trade - 14.30pm 21/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
  |
Change
0.001 ( 8.33 %) |
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Open | High | Low | Volume | ||
1.3¢ | 1.4¢ | 1.3¢ | 393921 | ||
Last updated 15.23pm 21/05/2024 ? |
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