The drill and blast analysis could be a ripper in/after FY20. It really does make great sense as an extension of what they are already doing. Some nerves about handling explosives perhaps, and sending charges into a very deep drilled hole with obvious friction risks setting the charges off etc. The output could be surprising helpful though - I wonder if they will be analysing the blast? The drill hole is already there - why not test out the physical characteristics as additional info on fragmentation, friability etc etc (in the area around the drill hole - so more data), and not just making it easier to excavate. You may even reprioritise if something differs from expectations if the blast can be analysed. Maybe they already do that anyway? Does anybody know more about this? I think the Domaining Analytics is blast analysis perhaps mixed with other drill hole analysis, but as it is step 2, not 3 I am confused.
Corevibe and maghammer sound great too. Why did IMD ever diworsify into oil and gas when minerals is so vast in scope. Sucks is life - they seem to have learned from that experience.
Record qly revenue at usual margins - what's not to like about that?
IMD Price at posting:
$1.27 Sentiment: Buy Disclosure: Held
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