Well, I like the greater certainty that now exists. Sure, Atlas has much less reserves due mainly to deleting the problematic northern region. But whose to say that negotiations down the track might bring this portion back online.
so, we’ve got 30 months of Atlas in front of us commencing in Q4 of 2023. This would have been a concern before our package of recent purchases.
2023 will be a lean year for IMA, BUT 2024 should be a cracker.
I am sure Patrick and co have already adjusted the calendar to accommodate this new appraisal and will be looking as best as possible to establish continuity of profits and cash flow over the next five or so calendar years.
However I am not sure dividends will be robust until perhaps 2h 2024. But I would expect them to dribble something out to keep the faithful, faithful.
- Forums
- ASX - By Stock
- Ann: ATLAS PROJECT ORE RESERVE UPDATE
Well, I like the greater certainty that now exists. Sure, Atlas...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMA (ASX) to my watchlist
|
|||||
Last
7.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.47M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.7¢ | $17.00K | 219.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 95655 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 49941 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45655 | 0.077 |
1 | 25000 | 0.076 |
3 | 106520 | 0.075 |
1 | 13000 | 0.074 |
1 | 40000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 49941 | 1 |
0.079 | 406243 | 2 |
0.080 | 88620 | 2 |
0.081 | 68220 | 1 |
0.082 | 2945 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
IMA (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online