IXR 7.69% 1.4¢ ionic rare earths limited

What is fair value for IXR ?

  1. 671 Posts.
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    I would like to get an understanding of what MCap will be seen as fair value. To kick off with a possible reference point I got from the bird ....that Forrestfield indicated that a comparison is a Chilean rare earth project taken over by Hochschild for $90m. In comparison to this project IXR is
    - possibly 10 -15 times bigger
    - shallower depth
    - Better grades
    -Better or same basket of elements

    Any constructive comments will be appreciated.
 
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Mkt cap ! $67.63M
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1.3¢ 1.4¢ 1.3¢ $100.1K 7.621M

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49 11812329 1.3¢
 

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1.4¢ 6797759 14
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Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
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