todays australian

Robin Bromby in todays Aus is on the money .The Reason the the share price has been going down was UBS selling .He says Scoping study is a goer as a stand alone dry mining,or dredging or bringing in a major already operating in the neighborhood.The study covers only 20 per cent of the Companies tenements and dont forget the Eucla Basin. Iluka last traded at $4.50 and Ima .39c. Image has been greatly oversold considering the scoping study saying the net value is worth $60 to $100 million and
the Commodity price of Mineral Sand products has held or risen in the last 12 months. Ilukas share price has risen and Goldman Sasch has placed a buy on the stock. Image looks cheap at .39c Image has a field day planned this week with Brokers ,Investors and Press to inspect the drilling at the Atlas tennement at Cooljarloo.IMA say they plan to drill out the other 80% of their tennements in the months ahead . Exciting times ahead of us.