IND 2.70% 18.0¢ industrial minerals ltd

Ann: Response to ASX Price and Volume Query, page-10

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  1. 92 Posts.
    lightbulb Created with Sketch. 15
    They had sent off Quartz to China for sampling months ago.
    No update. Chinese don't take months.
    They were negotiating an offtake agreement for the mineral sands months ago. No update.
    I called to speak to the company secretary a week ago. Answering service that took my details but no call back.

    In this update they infer the price drop is due to lack of results on the Li. It would be handy if the market can get an update on the Quartz and mineral sands in the meantime.
 
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