IMP imperial corporation limited

interest again...

  1. 6,979 Posts.
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    Over the last three days, volumes have increased to about 1.5m shares.

    A break above the 1.2c level should push this stock higher.

    Today they opened a new entitlement for shares on a pro-rata 1 for 1 basis for shareholders as at 22 January. Issue price .5c.

    IMP are a 6% shareholder in BMX (Bemax) which is currently merging projects in the Murray Basin area. They are developing a mineral sands operation which should generate $2 billion over mine life of 22-25 years.
 
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Currently unlisted public company.

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