Agreed. I am afraid we have another MD that is great at chasing bouncy balls down the road - but is yet to catch one...IXR is very good so far at putting very exciting opportunities and arrangements together across jurisdictions.....except anything that's actually rock solid, income producing and commercial
C'mon time for this baby to break out on serious fundamentals.....let's GO!!!
I originally got in for the Ugandan REE mine (Makuutu) as wellAgreed. I am afraid we have another MD that is great at chasing bouncy balls down the road - but is yet to catch one...
I got into IXR as I liked their initial plan. Dig a little bit of Uganda, sell it and fund the next bit. Dig a bit more, sell it and fund expansion again...
The last few years have all been about "what's next" and not producing any revenue. The reliance on Government handouts is not hidden but not producing shareholder value either. Right now it fits the description of a Lifestyle Company and only cold hard revenue will change that.
Hey, I bought cheap and happy to wait...
Absolutely not.So who's participating in this cap raise?
Personally I'm thinking of it to counter the dilution and perhaps take advantage of some options that might seem like very good value by 2028.
I'd much rather have seen Belfast funding as promised before this happened and better value of the share price... Rsoles!
Absolutely not.
I don’t trust the BOD yet. Sure they’ve put their hand in but at this point if they didn’t we’d be screwed. More smoke and mirrors from Tim unfortunately. I have an overall problem with Tim and pulling a shit ton of a salary for years and years and we’re still no closer to a solution we can sell the world. If he stopped chasing unicorns we’d have a better chance of a decent company.
2.5c in 3 years? Small minded thinking producing small minded results.
We’re desperate for the cash, understood. I’d be making more song and dance about revenue and selling the stuff already produced..
Have you worked out the dilution? I’ll drop into the red by not participating but I’m ok with that - falling knife and all that.
Yup, check out the latest below about the JV in Brazil!Isn't there a joint venture between IXR and Viridis in the works in Brazil? Something to the tune of 1,3 billion?
Also have that Demo plant in Uganda producing samples already. Plus the recycling operation in UK. They must be on the verge of something big, surely.
Sure, but we've always heard there's something big - kind of like Nigel's "Imminent" comments.....Isn't there a joint venture between IXR and Viridis in the works in Brazil? Something to the tune of 1,3 billion?
Also have that Demo plant in Uganda producing samples already. Plus the recycling operation in UK. They must be on the verge of something big, surely.
Sure, but we've always heard there's something big - kind of like Nigel's "Imminent" comments.....
My negativity is all about the cap raise and that I will not participate.
copy and paste that linkYeh i know, the crapper. But this guy knows his stuff. Not sure if he is around here. But worth a follow.