IMA 2.99% 6.5¢ image resources nl

saudi/japanese interest

  1. 632 Posts.
    From todays Australian.....

    "THE spike early last month in shares of Image Resources (IMA) broke the drought on the sell side, and all the stale bulls came rushing to the party. The stock got another boost last week with news of memorandums of understanding with two local mineral sands producers to get involved in developing Image's large West Australian resource. Everyone seems to have jumped to the conclusion that the two are Iluka Resources (ILU) and the TiWest joint venture. But we hear that two foreign mineral sands operators in the state, Saudi Arabia's Cristal Australia and Japan's Doral Mineral Sands, should be not be ruled out."

    The more interest the better.....
 
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