Certainly a nice end to the week, albeit on super low volume. That said, the volume down from 7c to 5c was so low, I expect on some decent news about the new project to be back there soon.
The unfortunately reality for IDA was that they weren't burnt with unexpected sovereign interference in Tanzania. Since then, they have raised cash and moved into a different resource in a different area.
Looking into the vendor of the existing project, the scale and work completed to date its an intriguing acquisition.
Given the price of the recent modest capital raises, size of the float and backers I'm following the money and management on this one.
Certainly a nice end to the week, albeit on super low volume....
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