When you consider what Ionic RE has/is doing then their share price compared to other ROW wannabees seems very low. However, the Belfast project which seems to have dominated Ionic RE presentations the last 2 years already has documented partnerships and UK strategic funding, and is moving into production. Is its project value (along with other potential interests in funding/partnerships) being held back by the much slower progressing more 'iffy' mining and now processing ventures? Wouldn't a spinoff allow such recycling value to emerge less unencumbered for Ionic shareholders (and new investors) to enjoy? Seems we have two potential companies here. Or, does management feel Ionic Tech is actually underpinning Ionic RE presently? Maybe the CEO can be questioned on this issue, which has yet to be addressed publicly. GLTA REI
When you consider what Ionic RE has/is doing then their share price compared to other ROW wannabees seems very low. However, the Belfast project which seems to have dominated Ionic RE presentations the last 2 years already has documented partnerships and UK strategic funding, and is moving into production. Is its project value (along with other potential interests in funding/partnerships) being held back by the much slower progressing more 'iffy' mining and now processing ventures? Wouldn't a spinoff allow such recycling value to emerge less unencumbered for Ionic shareholders (and new investors) to enjoy? Seems we have two potential companies here. Or, does management feel Ionic Tech is actually underpinning Ionic RE presently? Maybe the CEO can be questioned on this issue, which has yet to be addressed publicly. GLTA REI