IMA has been stagnating around $2 for a while now and I have a strong feeling we are about to see it return to the 2.50 + mark very shortly and very quickly. Reasons being:
2 x two million dollare private investors in the last two week.
the next round of drill result due shortley (which can only further confirm the HM resource),
Spin off of EMU will provide free 2:1 shares to IMA holders (EMU likely to list at 50c). Holding date to be set for later this year, and
with GS buying up muchl the loose stock up until about two weeks ago ,the remainder are being tightly held by the faithful.
Gut feeling only.....but a strong one.
Thoughts?
2.50 and beyond
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