Friday, 26 February 2016

Thunderbirds Are Go!
We have today pushed the "Go" button on the 32 Class. The manufacturing process will commence immediately, and will take two months. Allowing for shipping and customs delays we expect to have the locos at the end of April/early May.
Consequently, the pre-order price of $545.00 inclusive of postage is good for ONE MORE WEEK ONLY, and will expire at midnight on Saturday 5th March.
Lindsay O'Reilly,
Ixion Model Railways Australia Pty Ltd.

Tuesday, 16 February 2016

An Open Letter to Shrike Models Customers

Dear Shrike Models 30T customers,

If you have contacted us, or are thinking about contacting us to confirm your order:

Please forgive me, I do not have time to deal with your enquiry at the moment. There are over 150 Shrike Models customer names names on a very convoluted list, and I am flat out dealing with my new full-time work, my volunteer and family commitments, and the upcoming Ixion C32. The correspondence that the 30T is generating is a bridge too far.

If you have bank records of your payment to Shrike Models, we WILL honour your pre-order, as explained online. However, we will be manufacturing only 1500 models in the first run of the 30T, not the 3000 Shrike had planned, so some variations are going to have to be dropped from the list of offered liveries and numbers. Once we have had time to assess this issue, we will again post news online. 

We really need a month to get the 30T in order before I can consider your request. Please extend your existing patience a little longer as we sort through the decisions that need to be made.

Kind regards,
Lindsay O’Reilly
Ixion Model Railways Australia Pty Ltd.

Monday, 15 February 2016

Statement from Ixion Model Railways Ltd, Feb 15


15 February, 2016.

Ixion Model Railways Ltd recently announced the acquisition of the rights, design and tools to the Shrike Models HO scale NSWGR C30T 4-6-0 model locomotive from the new owner of those rights.

Ixion Model Railways Ltd was incorporated in England in 2007 financed by a mix of equity and loans from the six founding shareholders and four directors.  The executive directors are Christopher Klein, a UK citizen, and Lindsay O’Reilly and Phil Badger, both Australian citizens. The ownership and management has not changed since incorporation. 

Ixion Model Railways Ltd has successfully brought to market five models and has sold over 5,200 locomotives and railmotors of British and Australian prototypes, in three scales.

The company is profitable, solvent and liquid and pays UK Corporation Tax and Value Added Tax (VAT). The annual reports and accounts can be downloaded from the UK Companies House website for GBP1. Ixion Model Railways Ltd banks with Lloyds Bank plc, and there is no mixing of company and personal funds. The accounts are subject to a full audit every year.

The HO scale NSWGR 32 Class 4-6-0 locomotive is fully funded. The money is held in cash in the bank, ready to pay for production and shipping to Australia. The production run will commence after Chinese New Year, 2016.

In 2015, the directors of Ixion Model Railways Ltd incorporated a new company in Australia, Ixion Model Railways Australia Pty Ltd. The shareholders are Chris Klein, Lindsay O’Reilly and Phil Badger. We decided to do this because almost all sales of the 32 Class will be in Australia, and we believed it was more ethical to manage the finances locally, including the collection and payment of Australian taxes. Ixion Model Railways Australia Pty Ltd operates a business account with the National Australia Bank.

Although under no obligation to do so, it is the intention of Ixion Models as a matter of goodwill to honour the pre-paid advance sales of the ex-Shrike 30T locomotive. We expect to start manufacture of the 30T when revenue from the sales of the 32 Class is sufficient to cover the costs of production.  We will have to raise the price by up to AU$85 because of increased costs, and unfavourable exchange rate changes. This will be payable by pre-purchasers, but we will not collect the extra payment until the models are ready for shipping. We hope to confirm the retail price shortly.

We are in possession of the Shrike Models pre-paid orders list. We are considering an option whereby any customer who ordered four or more 30Ts from Shrike can opt to drop one loco off their order, and pay no additional monies before receiving their models. This is to be confirmed.

The shareholders of Ixion will be sacrificing approximately $63,000 of revenue in order to fulfil the obligations of the Shrike Models pre-sales. We trust that those who have paid for 30T locomotives will be patient as we sort out these matters, and ensure that all parties will be happy in the end.

Christopher Klein
Financial Director

Phillip Badger
Technical Director

Lindsay O’Reilly
Marketing Director

Ixion Model Railways Ltd.

Sunday, 14 February 2016

New Information Coming re 30T Locomotive

Tomorrow night I will be posting another Ixion press release regarding the 30T. It has been authored primarily by our Financial Director, Chris Klein from Hampshire, England. It has the imprimatur of all three principal partners in Ixion Model Railways Ltd.

With most, but not all, issues relating to the manufacture of the 30T now worked through with the factory, it will contain information directed specifically to those modellers who have pre-paid monies to Shrike Models. 

Where possible, it will be posted as a document on Ixion letterhead so that its authenticity can be confirmed.

Lindsay O'Reilly
Director, Ixion Model Railways Australia Pty Ltd and Ixion Model Railways Ltd (UK).

Thursday, 11 February 2016

Press Release: NSWGR C30T locomotive

Ixion to release Shrike Models’ HO scale 30T

Ixion Model Railways Australia Pty Ltd is pleased to announce that, having come to an agreement with the new owner of the tooling, the Shrike Models HO scale NSWGR 30T Class 4-6-0 steam locomotive will now be manufactured and released as an Ixion model.

The release of the 30T will follow the Ixion Models HO scale NSWGR 32 Class, and the production run of the 30T will commence once we have sufficient income from sales of the C32 to fund the production run.

Due to rising production costs in China, and the fall in the US dollar against the Australian dollar, it will not be possible to honour Shrike Models' advertised prices for the 30T post-release; the price will rise. We are in negotiations with the factory on current production costs. More information about the new prices will be released once those negotiations have been concluded.

Ixion Models looks forward to adding the 30T to our range of locomotive models, as a clear demonstration of our commitment to modellers of Australian railways.

Chris Klein, Phil Badger and Lindsay O’Reilly.

Ixion Model Railways Ltd (UK) and Ixion Model Railways Australia Pty Ltd.