Ionic Rare EARTHS Ltd (ixr) Logo

Ionic Rare EARTHS Ltd (IXR)

___:___ · Basic Materials
0.00
0.00
(0.00)
VOLUME
DIV YIELD
PE RATIO
1 YR RETURN
52 WEEK RANGE

IXR Chart

Snapshot

IXR's Principal Activity is the investment in the mining and resource sector.

Share Price Activity

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2021 YTD
1 Year
vs Sector (1yr) +171.81%
vs ASX 200 (1yr) +158.46%

Size

Market Capitalisation
ASX Rank 931 of 2,316
Sector Rank 190 of 802

Key Fundamentals

Shares Issued
Sector Basic Materials
Similar Companies ZEO / TNG / AUT
EPS -$0.001
DPS $0.00
NTA per share $0.00

Broker Consensus

IXR is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

Announcements

Date Heading Pages File Size Time

Corporate Overview

Ionic Rare Earths Limited (IXR, formerly Oro Verde Limited) is an Australian based company focusing on investments in the mining and resource sector. Currently IXR is focusing on its flagship Makuutu Rare Earths Project in Uganda.

Incorporation Details

Incorporated in WA on 29/07/1998.

Corporate Details

Head Office West Perth WA 6005
Website ionicre.com.au
Registry Computershare
Auditor BDO Audit (WA) Pty Ltd
Date Listed 10 Dec 1999

Upcoming Calendar (Forecasted)

Date Event
25/10/2021 Report (Annual)
29/10/2021 Report (Quarterly)
26/01/2022 Report (Quarterly)
29/04/2022 Report (Quarterly)

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors & Management

Name Title Since Bio
Mr Maxwell (Max) McGarvie Non-Executive Director Jul 2021 Director Bio icon

Mr Maxwell (Max) McGarvie

Non-Executive Director

Mr McGarvie is a senior mining executive with a portfolio of technical/managerial appointments in a career exceeding 45 years in mine development, mineral processing, operational and management roles across Australia, Africa and the Middle East. Mr McGarvie has a career in the mining industry, a portion of this with Iluka Resources Limited and prior entities, including development roles within its mineral sands operation at Eneabba, Western Australia. He served a role in returning the Sierra Rutile mineral sands operation in Sierra Leone (operated by Iluka) following the civil war in that country. Mr McGarvie's career has covered a range of senior roles in the mining sector including Production Manager, from Registered Mine Manager to CEO, and he has a knowledge and understanding of the African environment and project development in this theatre. His most recent role was Executive General Manager for Global Advanced Metals Pty Ltd, an international business with operations in Australia, the United States and Japan with customers based primarily in Asia, North America and Europe, where he managed the Australian division of the group, focused on tantalum mining and processing in their Australian operations (including the restart of Wodgina and Greenbushes), and sourcing of tantalum concentrates from the DRC and Rwanda. Prior to this, Mr McGarvie was Managing Director of Bemax Resources and oversaw the integration of WA and NSW assets into the Cristal Global business unit. Mr McGarvie has experience in large-scale, low-cost mining and processing operations developed from greenfield sites, and the training and development of national workforces and implementation of quality management programs.

Ms Jill Kelley Executive Director Jul 2021 Director Bio icon

Ms Jill Kelley

Executive Director

Ms Kelley has previously held roles at the various levels of international leadership and has involved in supporting U.S. military operations spanning over 60 countries, collectively known as the U.S. Coalition Allies. Ms Kelley's networks in, and knowledge of, Europe, the Middle East, Asia, and South and Central America have helped advance American interests during the most critical points in current history. As former honorary ambassador to U.S. Central Command General Mattis and CIA Director David Petraeus, Ms Kelley met regularly with Royals, Presidents, Prime Ministers, and Parliamentarians to foster military, security, and economic relationships. Ms Kelley received the Pentagon's esteemed Joint Chiefs of Staff Award for her leadership, along with the Multi-National Military Forces Award, an honour only bestowed upon a few individuals. As a former diplomat, Ms Kelley was the youngest appointed Honorary Consul General to South Korea. Ms Kelley's title was bestowed by the President of the Republic of South Korea for her ability and expertise to influence and advance international security, trade and economic opportunities including her help in passing the ROK Free Trade Agreement. In 2017, Ms Kelley became President of Military Diplomacy Strategies, an international advisory firm that counsels embassies and advises multi-national companies with an analysis of geopolitical challenges with security, trade and economic opportunities across the global community.

Mr Trevor Bruce Benson Non-Executive Director,Non-Executive Chairman Aug 2020 Director Bio icon

Mr Trevor Bruce Benson

Non-Executive Director,Non-Executive Chairman

Mr Benson has experience within investment banking, stockbroking, large Australian corporates within the Australian resources industry, including directorships of ASX listed companies. Mr Benson's most recent investment banking focus was within SE Asia and China focusing in merger and acquisitions and equity capital market transactions. He advised Australian and International companies, including being adviser to Chinese State-Owned Enterprises, and Hong Kong listed resource companies. He has cross border experience on AIM in UK; Hong Kong; China and has advised and listed numerous ASX companies including resources companies with assets in Africa, Europe and SE Asia, resources and oil and gas service companies, and managed, funded and listed copper operations inZambia. Mr Benson is currently Executive Chairman of Walkabout Resources Ltd, an African focused resource company, listed on ASX.

Mr Tim Harrison Chief Executive Officer,Managing Director Jun 2020 Director Bio icon

Mr Tim Harrison

Chief Executive Officer,Managing Director

Mr Harrison has over 20 years of experience and knowledge in the fields of both mineral processing and hydrometallurgy in multiple commodities. This has involved roles in project development, process and flowsheet development, studies, test work planning and supervision, engineering, construction, commissioning, operations, project management, and as owners' team representative. Prior to joining IonicRE, Mr Harrison was Manager - Process Development for Clean TeQ's Sunrise nickel-cobalt-scandium Project, where he managed Process Development from conception to a development ready project. Previous employers include Bechtel, BHP, Fluor, Ivanhoe Australia, WMC Resources and specialist consultancies.

Mr Brett D Dickson Chief Financial Officer,Company Secretary Nov 2014 Director Bio icon

Mr Brett D Dickson

Chief Financial Officer,Company Secretary

Mr Dickson has over 20 years experience in the financial management of companies, principally companies in early stage development of its resource or production and offers broad financial management skills. He has been Company Secretary and Chief Financial Officer (CFO) for a number of successful resource companies listed on the ASX. He is also director of Rox Resources Limited.

Director Transactions

IXR directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
07/05/21 Tim Harrison Buy +1,178,572 $0.026 $30,683 On-market trade
07/12/20 Brett Dickson Sell +3,000,000 $0.018 ($54,000) As advised by the company
07/12/20 Brett Dickson Issued 10,000,000 $0.018 $180,000 Issue of options
07/12/20 Brett Dickson Buy +4,000,000 $0.008 $30,000 Exercise of options
07/12/20 Brett Dickson Exercise 4,000,000 $0.008 $30,000 Exercise of options
07/12/20 Brett Dickson Expiry 10,000,000 $0.018 $180,000 Options expired
04/12/20 Anthony (Tony) Rovira Issued 10,000,000 $0.019 $190,000 Issue of options
04/12/20 Anthony (Tony) Rovira Expiry 10,000,000 $0.019 $190,000 Options expired
04/12/20 Trevor Benson Issued 20,000,000 $0.019 $380,000 Issue of options
31/07/20 Brett Dickson Buy +1,283,034 $0.008 $10,264 Participation in share purchase plan
31/07/20 Anthony (Tony) Rovira Buy +1,973,899 $0.008 $15,791 Participation in share purchase plan
23/12/19 Marc Steffens Issued 20,000,000 $0.008 $160,000 Issue of options
23/12/19 Brett Dickson Issued 10,000,000 $0.008 $80,000 Issue of options
23/12/19 Anthony (Tony) Rovira Issued 10,000,000 $0.008 $80,000 Issue of options
30/09/19 Anthony (Tony) Rovira Expiry 22,000,000 $0.006 $132,000 Options expired
30/09/19 Brett Dickson Expiry 22,000,000 $0.006 $132,000 Options expired

Director Interests

The current holdings of IXR directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Maxwell (Max) McGarvie 16/07/2021 0 N/A N/A N/A
Jill Kelley 07/07/2021 0 N/A N/A N/A
Tim Harrison 07/05/2021 3,571,428 4,750,000 40,000,000 N/A
Brett Dickson 21/12/2020 1,045,330 24,658,034 20,000,000 N/A
Trevor Benson 04/12/2020 0 N/A 20,000,000 N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Sep 4, 2020.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Mr Bilal Ahmad 106,666,666 3.96%
Mr Sufian Ahmad 104,719,973 3.88%
JGM Property Investments Pty Ltd 103,400,000 3.84%
Ms Chunyan Niu 74,792,185 2.77%
Mgl Corp Pty Ltd 55,000,000 2.04%
Mr Anthony Paul Rovira 52,315,915 1.94%
Markovic Family No 2 Pty Ltd 50,600,000 1.88%
Reco Holdings Pty Ltd 46,884,289 1.74%
Martinick Investments Pty Ltd 40,000,000 1.48%
Upsky Equity Pty Ltd 36,000,000 1.34%
Dr Wolf Gerhard Martinick 35,055,763 1.30%
Mr Hayden Malcolm Buswell 35,000,000 1.30%
BNP Paribas Nominees Pty Ltd 33,819,278 1.25%
Airguide International Pte Ltd 33,300,000 1.24%
J P Morgan Nominees Australia Pty Ltd 30,330,000 1.12%
Mrs Lisa Marlane Roberts 29,747,480 1.10%
Rare Earth Elements Africa (Pty) Ltd 29,179,517 1.08%
DDPEVCIC (WA) Pty Ltd 26,476,802 0.98%
Norfolk Blue Pty Ltd <Norfolk Blue A/C> 25,794,182 0.96%
Mr BD & GF Dickson 23,658,034 0.88%

Shareholder Distribution

As reported in the most recent Annual Report.

The most recent Annual Report didn't contain Shareholder Distribution data.

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Name Last Notice Total Shares Shares Held (%)
JGM Property Investments Pty Ltd 04/09/2020 154,000,000 7.13

Shareholders Buying

12 month transaction history compiled from ASX announcements.

No buy transactions reported by Substantial Shareholders in the past 12 months.

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
2020 $0.009 30 June
2015 $0.012 30 June
2014 $0.022 30 June
Page Icon
IXR Historical Price Data (CSV)
Up to 20 years of EOD share price history
Lock Icon
You must be logged in to access this feature. Please sign up for free or login.
Market Index, ASX and Morningstar Logos

All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.