I disagree, there is no way the Tiehm Buckwheat is going to stop Rhyolite ridge mine from operating.
I see this as derisked as it will get minus announcement.
To buy in / top up on official announcement will come with a derisk premium.
The following are just some of the successful milestones Ioneer have achieved which give weight as to why it won’t be held back by an environmental issue which it acted on with due diligence and resolved the issue.
- Successful propagation program for Tiehm buckwheat
- Off-take agreement with Eco-pro for Lithium
- Off-take agreement for Boron
- Managing director stating that the problem is resolved and mine will progress forward into production
- Engineering contract with Viola
- Partnership with Caterpillar
Well done to Ioneer team and shareholders
INR Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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