IMA 0.00% 8.0¢ image resources nl

Hi Dunny, not sure about $5 but will be happier when we get back...

  1. 632 Posts.
    Hi Dunny, not sure about $5 but will be happier when we get back around $3. I am not margined and have been holding for over 3 years and will continue to hold as I believe the resource will not be ignored for ever. Sadly my core holding is back to the price I bought them at, although I have made some profits through trading the retraces.

    Unfortunately the repetitive announcements of positive drill results are now falling on deaf ears. Whilst they are still "spectacular" it's going to take a move from a drilling plan to a production plan to get the SP moving again and there doesn't appear to be much effort in that direction currently.

    I have a concern that managements focus has moved onto the smaller brothers MAU and EMU. Although to be fair the greater market jitters and the wonderful RSPT aren't exactly helping any mining stocks currently.

 
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Last trade - 10.04am 17/06/2024 (20 minute delay) ?
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