I have been in IMA for the best part of 10 years, from back when this was a favourite of The Speculator for those who have long memories. I have always thought that it would eventually be taken over, and it used to valued accordingly. But the GFC put paid to that idwa and now I am a convert to going into production ourselves and giving the likes of Iluka a run for their money.
Not long now, a take over is always on the cards, but I would like to see Image reap the rewards from it's long years of exploration rather than sell out for a low ball offer.
Looking forward to 2018, its been a long ride.
IMA Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
