if it makes economic sense, and viability sense to form this JV between IXR and VMM now, just wait for a merger between the two, once they secure Offtakes, construction approvals, and funding.
Particularly when one thinks about the "supply chanin" security issues, the geographical and operational synergies ( and importantly the security issues that it would address).
Their is a commonality between product, upcoming refining, patents, shareholders, directors, potential offtake partners, probably funding sources etc etc.
Who would take over whom?
I reckon further down the track, that push will come from Offtake partners.
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Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $60.39M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $9.117K | 716.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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53 | 14351794 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.3¢ | 5786108 | 16 |
View Market Depth
No. | Vol. | Price($) |
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53 | 14351794 | 0.012 |
24 | 8838029 | 0.011 |
24 | 9145584 | 0.010 |
8 | 4385645 | 0.009 |
6 | 2926250 | 0.008 |
Price($) | Vol. | No. |
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0.013 | 5786108 | 16 |
0.014 | 8313439 | 34 |
0.015 | 7947750 | 15 |
0.016 | 3243822 | 6 |
0.017 | 3450202 | 8 |
Last trade - 13.15pm 06/06/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
1.3¢ | 1.3¢ | 1.2¢ | 518552 | ||
Last updated 12.45pm 06/06/2024 ? |
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