IXR General Discussion 2022

TheCount

Regular
Here's my take:

We've got a chance for far less initial funding than anticipated, it's well over 12 months late and with unspecified conditions attached. Meaning that it hasn't actually been secured yet whth no indication of timeline of when, how and under what conditions it might be.
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Agreed, so it must be imminent then?
 
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Samus

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Agreed, so it must be imminent then?
Honestly the fact that they even bothered to release this makes me wonder if they're already angling for another cap raise.

Might not be a bad thing since the pump and dump after the last raise resulted in the best share price in years! 🤣:confused:
 
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oxxa23

Regular
Im happy enough... for time being... want more details of course as you stated wine...

 
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oxxa23

Regular
I may be way off... but, reckon ussm will buy into Belfast also...
 
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oxxa23

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Samus

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Geez they always know how to talk the talk don't they!
I really hope it does convert into action in 2026 as they've both stated.
We just (still) need that one solid company making announcement to convince the market it's not all fairy tales.

I'd like to see whatever conditions attached to this 'in principle' funding agreement met in short order (within weeks) and not dragging out for more months/years on end. It's bloody frustrating they just can't seem to achieve that solid commitment that it's going to take for the market to take all this bluster seriously.
 
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Samus

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Current share price still sitting well below 2c pre consolidation. 😮‍💨
 
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Winenut

GO AVZ!!!!
Just posted a response to some stuff on the crapper

Some of the details around the Drive35 funding are highlighted

Dependency on further evidence of co-funding is the critical and difficult part to achieve

Also noted the timeframe indicated as 3-4 months so we've still got a bit of waiting around potentially

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Personally I hope they don't cap raise if possible to avoid further dilution but "onerous" debt funding also has it's own inherent downside
 
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Samus

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I'm not sure I'd be too opposed to a raise myself. They're pissing through multiple millions and raising umpteen times over the course of years anyway.
Fucking raise something substantial and get one of these operations up and running instead of pissing around accomplishing sweet fuck all for years on end.
 
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Roger2018

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People are not happy with ixr new digs?
 
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Remark

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Samus

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IXR in a nutshell... Fuck me dead :ROFLMAO:😵‍💫
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Uglybob

Regular
It may no longer be a 'penny dreadful' based on price, but until management turn this into something viable rather than speculative, it'll still be treated like one.
 
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