You need to more research. IDA & GPX were split out of IXR back...

You need to more research.
IDA & GPX were split out of IXR back in 15/16 my average for IXR (IMX resources) was 12.2p.
GPX got the graphite resources & IDA the rest (of the useless) assets.
Mngt has tried twice to do a JV on the nickel assets & failed twice.
Then Tanzanian gold was then seen as the main asset until the country regulations changed. Now it's Mali gold. What next?
Prior to that IXR considered itself an iron ore minor producer near Coober Pedy,
Until the bottom fell out of the iron ore price!
During that time IXR relocated from Perth to Adelaide then back to Perth.

Don't fall for the mngt hype no matter how they dress up this new purchase, they will never become a producer of anything. Get out on the rise if you can without too much of a loss.
You have been warned.