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7.69%

1.4¢ ionic rare earths limited

The only way to work that out will be the next Quarterly,, we...

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roblun

5,021 Posts.

2066

04/04/24

09:32

Post #: 73180874
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Originally posted by Golf36: ↑

As investors we tend to avoid discussions that could have a negative impact on the share price, I prefer to call it as I see it even though I have a massive stake in IXR.

The medium and long-term returns is going to make us rich no doubt, but revenue is not incoming for a while. Our cash situation is what I'm concerned about, dont think
selling our shares in VMM is an option as we need to stay mayor share holders there.

Capital Raising is a opportunity to lower our average but we need to know when its happening, I'm trying to work out our approximate cash burn monthly,

Payrolls I'm guessing could be $300k if Brett and Tim is on $40 k each, we have staff working 24/7 now.
What could the running cost expenditure be at both facilities. How much cash do we have left! ASX company's cant run their balance to low,

Any guesses when Cap Raise is incoming

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The only way to work that out will be the next Quarterly,, we will have all the figures, late April

Last edited by roblun: 04/04/24

IXR Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $67.63M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.3¢	$85.86K	6.171M

Buyers (Bids)

No.	Vol.	Price($)
68	25477332	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	1949218	2

View Market Depth

No.	Vol.	Price($)
68	25477332	0.013
28	10520519	0.012
16	8062613	0.011
23	12225151	0.010
3	2980000	0.009

Price($)	Vol.	No.
0.014	1949218	2
0.015	8522110	16
0.016	5891258	9
0.017	3954593	8
0.018	4708861	16

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 1.4¢			Change 0.001 ( 6.87 %)
Open	High		Low	Volume
1.4¢	1.4¢		1.3¢	8033422
Last updated 15.10pm 02/05/2024 ?

IXR (ASX) Chart