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1.3¢ ionic rare earths limited

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

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roblun

5,051 Posts.

2081

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 1.3¢		Change 0.000(0.00%)		Mkt cap ! $62.80M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.3¢	$176.1K	13.51M

Buyers (Bids)

No.	Vol.	Price($)
49	20951754	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	1962178	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.014
4	276538	0.013
48	19875403	0.012
23	12477028	0.011
30	13640323	0.010

Price($)	Vol.	No.
0.013	100000	1
0.014	11408188	29
0.015	10053968	20
0.016	7924115	13
0.017	6112607	14

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


Last 1.2¢			Change 0.000 ( 7.69 %)
Open	High		Low	Volume
1.4¢	1.4¢		1.2¢	5281289
Last updated 15.47pm 20/05/2024 ?

IXR (ASX) Chart