IXR 7.14% 1.3¢ ionic rare earths limited

LOL... RRM currently own 49% of the project and IXR 51% of a...

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    LOL... RRM currently own 49% of the project and IXR 51% of a total 100%. It's a potential 7.5% each divided between the 2 parties. BFS has not happened yet. Who is going to stump up with all the finance? Input into the future mining operation?
    What you are saying is that all costs including percentage of the project comes into IXR's doorway.
    That is quite simply not the case.

    When the BFS is completed IXR's position with change to 60% or more depending on finance arrangements etc...
 
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