IMA
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1.37% 7.4¢ image resources nl

big resource increase with high grades

  1. DSD
    15,757 Posts.
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    03/04/09
    11:02
    Post #: 4976977
    See today's ann. IMA have a trading halt(pre-open) as they consider the news to be significant re SP. For me the important bits are the additional resource is high grade AND shallow. This makes mining the mineral sands far more economical/viable.
    Am expecting the mkt to 'discover' IMA soon and for SP to show some rapid movement. Cheap considering the high potential.
    IMA Price at posting: 48.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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