Samus
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. 019 IX fucken Rsole!
IXR General Discussion 2022
- Thread starter Mazewolf
- Start date
Mr Inappropriate
Regular
Ive hardly looked at IXR in a couple of years. I figured it was all going to zero, but recent movement has stirred some interest.
Are there any recent broker reports to be had?
Are there any recent broker reports to be had?
Scoota30
Regular
Perfect time to open the bottom draw again Mr I.
The next 3 months are going to be insane IMO. Brazil funding figure to be announced July 25th (possibly next Monday announcement), UK funding about 3 months overdue now (it will come before end of September IMO) and now the US could throw out a curve ball that makes the UK and Brazil look like minnows.
I don't have the broker data but the next 12 weeks should be very exciting, especially if we get some from of US DoD funding/agreement similar to MP Materials. I am of the opinion they will snap up Makuutu's product, they'd be stupid not to and then package it up with a refinery and a recycling plant at minimum.
Mr Inappropriate
Regular
Thanks Scoota. Will check for spare cash…
TheCount
Regular
I feel it is too small for broker data at this point based on market cap and the company's propensity to issue a shit-ton of shares for themselves (yeah, still bitter about that one). It currently has the look of being toyed with, traded for pips and the like. I'm not impressed there is never talk of actual "revenue" in anything the BOD announces, so once they drop that word into discussions, look out..
Winenut
GO AVZ!!!!
Agreed trial plants and test facilities are needed but the key will be proving the process and converting to revenue streams
With Makuutu I think the price of REE's makes it still unviable to mine so might be a while off there
But we still have exposure to that through Rwenzori Rare Metals Ltd although I'm not exactly sure what % we have there currently???
I think it's 60% but there's a conditional agreement potentially to take ownership to 94% but I don't think that's happened and not sure on the timeframe of the conditional agreement and whether there is an expiration date
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