IXR 0.00% 0.7¢ ionic rare earths limited

Thanks pygmyhipppo Nice to hear from someone, this thread is...

  1. 423 Posts.
    Thanks pygmyhipppo

    Nice to hear from someone, this thread is very quiet. Newcrest may have only dipped their toes in, so to speak, but I don't believe they would invest anything unless they believed that there was a reasonable probability there would be a return on investment.

    Can you let me know what you think the value of the share price should be, and how you have calculated it based on the estimates of the deposit? I am assuming that there is not much info as I've not been able to dig up much - so we are still in the exploration risk phase - is this correct? I've been a bit lazy on this front, I used to work in gold but haven't done any of my back of the stamp calcs on this one.
 
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