that article says way more than what is in print, IMHO. it says...

that article says way more than what is in print, IMHO.
it says to me:

1. a cheap entry into Viridis may be thru IXR ???
2. it makes sense to me to contemplate a formal tie-up between IXR and VMM.
3. am thinking a merger of some sort ie T/O or scrip merger/Scheme of Arrangement would now make sense. Synergies with customers, security of supply, IXR technology with recycling and SST, financing, Offtakes etc would be simplified. Why build multiple processing facilities when one established and proven facility could be built in Brazil? Solves the geopolitical issues re Uganda, with a very accommodating Brazilian Govt. Easier for Govt exim banks to fund Brazil than Uganda facilities.

Obviously Viridis has the higher value resources and feedstock, and IXR has the tech. Perfect combination.

This tie-up J/V is definitely a prelude to a more formal arrangement. Look at common directors and shareholders. Do we think Mr Lynch and Mr Harrison are not looking this far ahead??

This MREC and the separated oxides processes and resultant product, is really big business.
There is clearly a huge amount at stake here. Geopolitical, security stuff, and very big $$$.