think of it this way, the earnings per share and dividends are increasing on this stock over time, i would recommend it, well managed, constantly updated and always newer contracts. It is well connected amongst major miners worldwide.
Downside risk is exposure to coal(booming at the moment) and also it would have been better to buy this stock at under 40c during the falling markets worldwide.
12:11:57 PM 0.590 4,055,194
someone just bought 4million shares in one go as well worth just over $2M
I suggest you look at past announcements of this company to see how they are going.
IDL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held