Company Ionic Rare Earths Limited

Equities

IXR

AU0000081341

Non-Gold Precious Metals & Minerals

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per region

EPS Revisions

Annual profits - Rate of surprise

Sector Rare Earth Minerals

Market Closed - Australian S.E. Other stock markets 02:10:43 2024-04-26 am EDT			5-day change	1st Jan Change
0.015 ^AUD	0.00%		-16.67%	-42.31%

Apr. 24	Ionic Rare Earths to Raise AU$5.5 Million via Placement	MT
Apr. 22	Cobra completes acquisition of 100% stake in rare earths project	AN

Ionic Rare Earths Limited is an Australia-based mineral exploration company that is focused on investment in the mining and resource sector. The Company is focused on developing its flagship Makuutu Rare Earths Project (Makuutu) towards production. The Makuutu comprises approximately six licenses covering approximately 298 square kilometers (km2) and is located over 40 kilometers east of the regional center of Jinja and approximately 120 kilometers east of the capital city of Kampala in eastern Uganda. The Company, through Ionic Technologies International Limited, has developed rare earth element (REE) separation and refining technology and applied this to the recovery and separation of individual rare earths from spent permanent magnets. The Companyâs exploration license includes EL00257, EL00147 and EL00148. Its wholly owned subsidiary is Goldcap Resources Pty Limited. Its wholly owned subsidiary includes Ionic Technologies International Limited.

Number of employees: 34

Managers	Title	Age	Since
Timothy Harrison CEO	Chief Executive Officer	-	20-06-25
Lynden Polonsky DFI	Director of Finance/CFO	-	-
Tommie van der Walt COO	Chief Operating Officer	-	23-06-12
Mark Licciardo SEC	Corporate Secretary	60	Jan. 30

Members of the board	Title	Age	Since
Max McGarvie BRD	Director/Board Member	-	21-07-15
Brett Lynch CHM	Chairman	-	Jan. 23
Sufian Ahmad BRD	Director/Board Member	-	23-05-09
Timothy Harrison CEO	Chief Executive Officer	-	20-06-25
Nitin Tyagi BRD	Director/Board Member	-	23-06-30

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	4,280,509,588	3,694,680,296 ( 86.31 %)	0	86.31 %

Name	Equities	%	Valuation
Bilal Ahmad 2.784 %	123,800,000	2.784 %	2 M $
Sufian Ahmad 2.672 %	118,810,000	2.672 %	1 M $
JGM Property Investments Pty Ltd. 2.376 %	105,650,000	2.376 %	1 M $
Thematica SA 1.692 %	75,217,608	1.692 %	932 698 $
Markovic Family No 2 Pty Ltd. 1.200 %	53,350,000	1.200 %	661 540 $
Torbjoern Smooth Fredriksen 0.8092 %	35,984,497	0.8092 %	446 208 $
Compusure Superannuation Pty Ltd. 0.5622 %	25,000,000	0.5622 %	310 000 $
Wolf Martinick 0.4948 %	22,000,000	0.4948 %	272 800 $
Reco Holdings Pty Ltd. 0.4914 %	21,850,000	0.4914 %	270 940 $
Upsky Equity Pty Ltd. 0.4666 %	20,750,000	0.4666 %	257 300 $

Ionic Rare Earths Ltd.

459 Collins Street Level 5, South

3000, Melbourne

+61 3 9776 3434

http://www.ionicre.com.au

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.009782 USD

Average target price

0.053 USD

Spread / Average Target

+441.80%

Consensus

Estimates Revisions

Company calendar

Basic Materials

Mineral Resources

Metals & Mining

Non-Gold Precious Metals & Minerals

Rare Earth Minerals

	1st Jan change	Capi.
IONIC RARE EARTHS LIMITED	-42.31%	43.5M
CHINA NORTHERN RARE EARTH (GROUP) HIGH-TECH CO.,LTD	+2.79%	9.92B
LYNAS RARE EARTHS LIMITED	-13.55%	3.77B
MP MATERIALS CORP.	-19.40%	2.65B
CHINA KINGS RESOURCES GROUP CO.,LTD.	+17.86%	2.66B
SHENGHE RESOURCES HOLDING CO., LTD	-0.49%	2.45B
BRAZILIAN RARE EARTHS LIMITED	+48.17%	395M
ARAFURA RARE EARTHS LIMITED	+12.12%	279M
NORDIC MINING ASA	+18.78%	197M
AUSTRALIAN STRATEGIC MATERIALS LTD	-19.69%	120M

Rare Earth Minerals