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19.5¢ industrial minerals ltd

For me its just following the chart flow, wasnt even aware and...

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kipper57

6,784 Posts.

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15/06/22

09:59

Post #: 62006401
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Originally posted by Dumaguete22: ↑

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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For me its just following the chart flow, wasnt even aware and not really bothered re Tolga.

IND Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 19.5¢		Change -0.005(2.50%)		Mkt cap ! $15.04M

Open	High	Low	Value	Volume
19.5¢	20.0¢	19.5¢	$12.68K	63.78K

Buyers (Bids)

No.	Vol.	Price($)
1	10500	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	64721	4

View Market Depth

No.	Vol.	Price($)
1	10500	0.190
1	19881	0.180
1	3432	0.170
2	38718	0.160
2	11458	0.155

Price($)	Vol.	No.
0.200	64721	4
0.230	9000	1
0.240	1913	1
0.250	4879	1
0.255	103000	1

Last trade - 14.52pm 29/08/2024 (20 minute delay)

IND (ASX) Chart