IDM idm international ltd

Spent yesterday preparing for Xmas but did get a chance to have...

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    Spent yesterday preparing for Xmas but did get a chance to have a look at the Fin Review best of 2011, Illuka high up there. The story talked about the significant gains in pricing for mineral sands and optimistic outlook on the back of Illukas forecast.
    IDM should have the plant sorted in early 2012 and the money will flow. Some easily sold product to grease the wheels and pay for the plant, and Spherichrome which will require a bit more development but should be the jewel in the crown in time. With a 20 year mine life, thats a lot of time to bring us returns.
    This could be a real Christmas gift as the year develops. Merry Christmas to all followers and a big thankyou to Peppie for his inciteful research and information.
    DYOR
 
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