On 11 December 2009, IMA stated that: "Image Resources is pleased to announce that it has appointed project management consultants Engenium Pty Ltd and its associated company, Pacer Engineers to assist in advancing thecommercialisation of its heavy mineral assets in the North Perth Basin."
In May 2009, IMA announced that it had signed a Memorandum of Understanding (MOU) with a Chinese investment house.
In December 2008 (!), IMA announced that it had signed MOUs with 2 local (WA) mineral sands producers.
To date there have been no progress reports on any of these matters. Would be nice to hear something.
IMA Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held
