Trading volume increased this week, and that move at 0.5c shortly before closing auction was quick indeed. By the looks of it, I would expect significant announcement in the coming days.
I don't think it has something to do with Graphex IPO, as IXR should now be decoupled from GPX (unless Graphex finds some non-graphite resources as per agreement, but that's not going to happen before they start digging).
The rain season is over in Tanzania, it's finally nice and sunny, ideal time to continue with prospecting and mining activities. So my guess is that announcement will have something to do with gold/nickel. If we get lucky, could be some cobalt - they did find some Co back in the days when they were drilling Nachingwea, though at this stage it's just wishful thinking.
IXR MOVES, page-2
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $38.95M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $21.35K | 2.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 12734195 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4423479 | 5 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| IXR (ASX) Chart |