IPX achieves first production.

Although significant, IPX won't be EBITDA positive till next year at least.

Not sure why this news justifies a 10% move on the share price as I think we already know the tech works.

Bell Potter and CG were part of the recent raise, so I wonder if they are working the share price again to get some buddies out.

I haven't added on the news as I haven't seen something tangible from a financial perspective (such as reduced cash burn or cashflow positive now instead of early FY26)

[held]

CG report 20 May 24

Trying something different, let me know if too small

Overall it is clear this is more a Titanium producer/refiner than a rare earths company. Not much mention about the Titan project.

[held]

Bell Potter upgraded the price target to 3.85 which seems to be responsible for the recent rally.

Still waiting patiently for this to drop more after the inst placement at 1.90. But with the chairman taking up most of the placement it is unlikely to happen

Held

Completed a 50m placement with instos at 1.90

Nothing for retail.

Hoping I could get some under $2 but looks like it won't happen. Maybe have to stop being greedy.

Revenue to come in within a month

Been in and out of this. Wish I stayed for the long haul as I'm now playing catch-up

Unlike other companies I've reviewed this has pretty good management with potential competitive advantage being a low cost "processor" of titanium with downstream products as a bonus.

Just a slight risk that Russia and China controls the market but it will be very hard to push the cost curve down to the same level as this business as that could decimate the titanium businesses there.

[held]