IEC
After the epic spike on 08 July 20, the next spike on 16 Sep 20 peaked at 1.6,
so IMO once a trade takes place @ 1.7 then this stock will be off to the races again.
Basis? – before the AGM we can expect the September Quarterly ANN by end of Oct.
This ANN could reflect
- progress withthe Application currently pending for the copper lease @ Louth near Cobar NSW,
&/or
- the outcome ofits “discussions with another WA exploration company to acquire a share in theexploration of a very interesting Ni-Cu-PGE project in WA”
if not preceded earlierthis month by an out of the blue ANN about either.
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- Afternoon trading October 6
Afternoon trading October 6, page-106
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