Ann: Chilalo Pre-Feasibility Study and Corporate Presentation, page-23

I think demand for the type of graphite these guys have is only going to rise - it's being called "the commodity of the future". Read up on batteries for electric vehicles and in particular predicted growth in China (their government are already getting quite serious about it). IMX Resources (IXR) are due to release some testwork results shortly that will (all going well) confirm demand for their product. We're also expecting announcements on a mining license as well as further offtake and financing arrangements (discussions at an advanced stage). When this one comes, the shareprice will shoot up. The announcement that will increase the price by 100%+ is the one that says the Termite case won't proceed against IMX. That is currently the monkey on the back that is suppressing the shareprice. When that is gone, this stock will fly imo.