IXR General Discussion 2022

[BEISHA]

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Thank fuck for that...........finally the ML is granted!

Unfortunately, the response by Mr Market is some what mute.

I expected a long spike , but instead got a semi stiffy instead...

Oh well, that is life.

So good support at 2/2.2, indicators look positive, first hurdle now is to break resistance at 2.6 , once that is achieved , then 3.12 resistance presents next.

I am sure this ML will spark off many other positive announcements in the short course of time such as OFFTAKE............and it wont be Chinese !

Fuck China !

imo

 

[BEISHA]

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So first production in 2026, but yet it states mixed rare earth carbonate ( MREC ) production on track for Q1 2024......

Can someone clarify ?

 

[Sammy_da_Smile]

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So first production in 2026, but yet it states mixed rare earth carbonate ( MREC ) production on track for Q1 2024......

Can someone clarify ?

From the demo plant matey

 

[BEISHA]

From the demo plant matey

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Yes, i knew it was coming from the demo plant , but was looking for a bit more detail

So its not production per se.........its production samples to meet potential offtake criteria.

I assume once offtake agreements are binding, bulk scale production commences 2026, with a commercial processing plant.

imo

 

[Sammy_da_Smile]

Yes, i knew it was coming from the demo plant , but was looking for a bit more detail

View attachment 54643
So its not production per se.........its production samples to meet potential offtake criteria.

I assume once offtake agreements are binding, bulk scale production commences 2026, with a commercial processing plant.

imo

Oh yes sorry mate of course.

I too haven't been able to find some figures on production output from the demo plant, but I'll assume moderate while they test and adjust generating the mixed rare earth's. It is mentioned in the DFS that the demo plant will also help them optimise and refine the process leading to further optimise the economics. Also looking at the DFS again, there is still considerable work to be done on site to meet 5mpta output and to test and validate increasing the heap stack height beyond 3m etc.

Getting product out to potential partners is key, looking forward to see who the potential partners are.

Here's to hoping to an exciting year with IXR

 

[Remark]

The bots have been busy pushing the price down today

 

[Winenut]

To top up or not to top up?

That is the question

 

[Scoota30]

Few things that I enjoyed:

- the mention of robotics about halfway through. I have been wondering if this would be a curve ball in the demand side that hasn't quite been calculated yet (Tesla bot/Figure AI - these could start getting manufactured at scale from 2026 onwards)
- talk of the Saudis as an example of sovereign funds and the complexity of them trying to line up shooting all of their arrows at the same time (deposit, refinery, alloy maker, magnet maker, recycling side)
- the final snippet of the EU/US having a larger presence at the INDABA/121 mining conference and now clearly coordinating their critical minerals plans singularly while also collectively (with that cheeky grin that Tim always does)

 

[Winenut]

Few things that I enjoyed:

- the mention of robotics about halfway through. I have been wondering if this would be a curve ball in the demand side that hasn't quite been calculated yet (Tesla bot/Figure AI - these could start getting manufactured at scale from 2026 onwards)
- talk of the Saudis as an example of sovereign funds and the complexity of them trying to line up shooting all of their arrows at the same time (deposit, refinery, alloy maker, magnet maker, recycling side)
- the final snippet of the EU/US having a larger presence at the INDABA/121 mining conference and now clearly coordinating their critical minerals plans singularly while also collectively (with that cheeky grin that Tim always does)

Nice to see you here Scoota

Maybe this will be one African play that doesn't have an awful "corrupted" impediment and proves to be a great example of what can be achieved with good governance, proper application of law, real care and concern from Government and it's agencies for the people of Uganda and excellent and commited Australian/western/foreign investment providing opportunities and real win/wins for all stakeholders

 

[Uglybob]

Nice to see you here Scoota

Maybe this will be one African play that doesn't have an awful "corrupted" impediment and proves to be a great example of what can be achieved with good governance, proper application of law, real care and concern from Government and it's agencies for the people of Uganda and excellent and commited Australian/western/foreign investment providing opportunities and real win/wins for all stakeholders

Here's hoping! We could all do with some good news.

 

[BEISHA]

Something in the works here ?

Yellow arrow pointing to the 4, 8 ema cross 21 ema with above average volume compared to the last few weeks..

MREC update ?

Good luck to us all....

 

[KLCC]

Pondering if I’m absolutely bonkers to consider topping up at these prices. Reading HC the company is a goner.

But listening to recent interviews they also seem full steam ahead….

 

[Remark]

Pondering if I’m absolutely bonkers to consider topping up at these prices. Reading HC the company is a goner.

But listening to recent interviews they also seem full steam ahead….

The thought had crossed my mind. Hopefully Tim pulls a rabbit/hare out of his ass with an announcement regarding funding/JV/Takeover offer.

I usually treat HC posts as an indicator to do the exact opposite of the down rampers intent.

 

[Remark]

Signs of life with IXR today, maybe a pump & dump but I'll take anything at the moment

1c wiped.

 

[Scoota30]

Signs of life with IXR today, maybe a pump & dump but I'll take anything at the moment

1c wiped.

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If we get the feasibility study within the next month and then FID for belfast as well as the scoping study for the VMM JV in Q1 of 2025 I will be extremely comfortable.
*touch wood*......

 

[Remark]

Someone just linewiped the 10 million shares at .01c

 

[Winenut]

It's still quite a struggle unfortunately with REE pricing and African sovereign risk

But Uganda is somewhat more politically stable than other African countries from what I understand so the balance is maybe a little bit more positive

Watching with a mindful eye on this one

 

[Remark]

A bit of movement on good volume today. 0.007 wiped out, 0.008 goooone!

A little bit of green on a red day

 

[EarleofBarrow]

A bit of movement on good volume today. 0.007 wiped out, 0.008 goooone!

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A little bit of green on a red day

We must have received funding for Belfast

 

[Remark]

"There was movement at the station...."
0.008 taken out - a few tasty nibbles at .009 will we finally see 0.01 ffs

Edit: 0.009 Gonski