re: nickel rocket testing new highs Speccy worth a punt I reckon. A number of good prospects with JV partners, low market cap, pretty tightly held, exploring for the currently hot metals nickel and gold. The ingredients are there for a multi-bagger.
Fully diluted market cap $16m.
Shares available for trading = 32m, but more than half of these are held by the top 5 shareholders. Managing director is one of the top shareholders, and he's been regularly topping up his holding. Cash on hand is $2.4m.
They have 20 projects at the moment, some of which are joint ventures with Jubilee Mines, Troy Resources NL, Western Areas NL, Heron Resources NL, Westonia Mines NL.
More info at http://www.imageres.com.au
strong buy side, page-5
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