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...
Uganda to debate draft mining law enabling Govt to take 15% in private mining ventures, page-20
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.97M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $1.995K | 161.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 16022833 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2664705 | 9 |
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| Last trade - 14.46pm 04/06/2024 (20 minute delay) ? |
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1.2¢ |
Change
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.2¢ | 3400997 | ||
| Last updated 15.54pm 04/06/2024 ? | |||||
| IXR (ASX) Chart |