IND 7.69% 18.0¢ industrial minerals ltd

All good kipperNothing said on HC has any real LT outcome of a...

  1. 7,816 Posts.
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    All good kipper

    Nothing said on HC has any real LT outcome of a stock anyway, depending on who you are of course, sure it can have solid ST gains on pumps but LT is all about reality, seeing the 10BaggerClub founder/leader doing a presentation in Thailand is certainly an interesting moment though, obviously, that makes for some very entertaining viewing moving forward.

    The June announcement suggests a decision to mine the 1m thick deposit will be made before the end of Q4.. will keep an eye on it, i wonder if they have rounded up a Chinaman to sign an LOI scenario to get things moving? should find out soon enough, do they need to do Metallurgical testing on this for processing purposes? before they can find buyers before making decisions, being Silica maybe not?

    Fully diluted EV is sitting around $35mill with about $3.2m cash? seems reasonable if they decide its minable and they get the ML required
 
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