Samus
Top 20
. 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
Sammy_da_Smile
Regular
Government-Backed Recycling Technology Unlocks Premium Pricing in Fragmented Rare Earth Markets - Article | Crux Investor
Ionic Rare Earths positioned for rare earth supply chain transformation with recycling tech, government backing, and strategic diversification across UK, Brazil, US markets.
www.cruxinvestor.com
Samus
Top 20
Died in the fucking ix Rsole
TheCount
Regular
NI’m ca manipulation at the closing auction. Announcement tomorrow?Died in the fucking ix Rsole
Scoota30
Regular
https://www.bloomberg.com/news/arti...e&utm_campaign=twitter&embedded-checkout=true
Quotes from the article:
"The officials discussed the technical details of recycling of the magnets, which could bring production online faster than mine projects currently in the works"
"Trade adviser Peter Navarro convened the meeting and told the executives that the administration is planning a major push to boost US production of the minerals, using incentives including guarantees of minimum prices to producers, according to people familiar with the event who asked not to be identified discussing a matter that isn’t public."
Quotes from the article:
"The officials discussed the technical details of recycling of the magnets, which could bring production online faster than mine projects currently in the works"
"Trade adviser Peter Navarro convened the meeting and told the executives that the administration is planning a major push to boost US production of the minerals, using incentives including guarantees of minimum prices to producers, according to people familiar with the event who asked not to be identified discussing a matter that isn’t public."
LzrTr8dr
Regular
I doubt he posted that promoting other REE recycling companies. Not hard to follow the trail!
I thought i would update the IXR chart for anyone interested.
When i posted the first chart i mentioned that 2.1c resistance would be the high in the absence of news as the indicators were OB, well it got as low as 1.5c ( sub wave 4 down )....then low and behold 14/7/25 some good news hit in the way of UK funding which catapulted sub wave 5 up to 2.6c. When a full 5 wave series complete, then sub wave 2 down takes place which it normally gravitates to the 50 / 61 fib ratio and that situation has occurred, finding support between the 2 fibs and the 65ema. So what we are looking for now is a clear break of 17c resistance to confirm that sub wave 2 down is complete and the commencement of sub wave 3 up is on. Sub wave 3 up is the strongest of the 5 wave series and i have estimated that could go to 4.7c or higher depending on what news event takes place in the near future.
Can anyone tell me what that could be ?
Great top up opportunity, or for me, good entry assuming FA continues to build, which i assume is the case.
As usual, just IMO, not financial advice.
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Samus
Top 20
There's a few things going on with IXR.
I'm assuming funding for the Belfast full scale plant should be near term and a good price catalyst, it's late though.
Other than that it seems like there is a bit going on and one would assume the minor news flow should continue.
Hopefully the long awaited funding news pushes it past 4.7
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