IXR 0.00% 0.8¢ ionic rare earths limited

ixr v"s ife, page-2

  1. 99 Posts.
    Hey Zodog.

    This is taken off the IFE thread titled 'IFE compared to other iron ore juniors' and a response to my question of how IFE compares to IXR.

    indicates how undervalued IFE is.
    Both companies are planning to produce around 2MT of DSO
    IFE is much closer to port of adelaide
    Capital costs for IFE much lower
    IXR resource very small. IFE resource is multiple times bigger
    IXR does has advantage of copper credits but cannot size the value of this

    IXR own 50% of their project. IFE own 80% of their project
    IFE will be in production around 12 months before IXR
    IFE can expand production easily when port Bonython is built due to larger reserves

    IXR market cap 113M
    IFE Market cap 52M

    Overall I would estimate tha IFE should be worth about 50% more than IXR which would give IFE a market cap of around $170M which equates to $3.80 a share."

    Your thoughts.....

watchlist Created with Sketch. Add IXR (ASX) to my watchlist
(20min delay)
Mkt cap ! $17.29M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $129.4K 16.49M

Buyers (Bids)

No. Vol. Price($)
29 20969794 0.7¢

Sellers (Offers)

Price($) Vol. No.
0.8¢ 4891006 5
View Market Depth
Last trade - 16.10pm 03/07/2020 (20 minute delay) ?
0.000 ( 0.00 %)
Open High Low Volume
0.8¢ 0.8¢ 0.7¢ 3129548
Last updated 15.11pm 03/07/2020 (live) ?
IXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.