IPT 4.35% 2.2¢ impact minerals limited

All seems to be progressing very quickly and well, it was only 4...

  1. 2,144 Posts.
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    All seems to be progressing very quickly and well, it was only 4 months ago the Lake Hope project was announced, since then we had the release of MRE, Heritage clearance approval, nearing the Completion of the Scoping Study, Metallurgical tests being undertaken and the PFS has been substantial started.
    This will be a massive cash cow for IPT for many years if/when production starts, which will provide substantial funds to advance many of it's very prospective mineral projects and even pay dividens down the track. I can see IPT following the path of PLS which was under 5c in 2015 and now paying dividends.
    There are a lot miners in the ASX with just MRE's and no where as advanced as our project and have a market cap in the hundreds of millions of dollars and IPT has only a market cap of under $50 million. IMO with each milestone, such as, the Scoping Study metallurical test results, PFS, DFS etc, IPT'S share-price will be re-rated.
    Nothing is guaranteed in the mining game but I like our chances, a big bonus for our project and reduces the risk element is that it's located in a Tier 1 juradsriction, excellent nearby transport infrasture and a very supportive govt for HPA which is a critrical mineral.
 
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Last
2.2¢
Change
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Mkt cap ! $63.42M
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2.3¢ 2.3¢ 2.1¢ $69.73K 3.125M

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11 2752492 2.1¢
 

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Price($) Vol. No.
2.2¢ 1992373 2
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Last trade - 15.33pm 21/05/2024 (20 minute delay) ?
Last
2.2¢
  Change
-0.001 ( 4.35 %)
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2.2¢ 2.2¢ 2.1¢ 893400
Last updated 14.54pm 21/05/2024 ?
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