good to see chromite prices edging higher this month, continuing its rally. this month up $20/ton to $260-$290. Mainly due to the chinese steel mills renewed buying for both metallurgical and non metallurgical chromite grades.
the sooner we get this funding underway and get this mone going the sooner idm will be making a good profit, hopefully just when the chromite price is at its highs.
first things first this funding announcement cant be away.
nice to see the sellers wernt willing to drop thier price to much making the buying lift their price, stock is very tightly held and runs so easily on even the smallest rumour. if ur not in already get in IMHO cause once this funding announcement comes out u wont get these under 12c, even closer to 20c. DYOR as this is my opinion only good luck to long termers
IDM Price at posting:
8.4¢ Sentiment: LT Buy Disclosure: Held
