My guess is that the trading halt relates to some sort of an offer from Tiwest.
Tiwest recently announced that it planned to increase its TiO2 pigment plant capacity by a massive 50,000tpa. That will require 55,000tpa of natural or synthetic rutile.There is no way that quantity could be satisfied from natural rutile sources.Tiwest already operates an SR plant at Muchea ( near Cooljarloo). To meet the extra SR demand, Tiwest would need an extra 94,000tpa ilmenite which would stretch its existing mineral-in-ground resources.I cannot see IMA setting up an HM mining and treatment operation.My guess is that Tiwest will make an offer for selected IMA tenements.
But then I could be entirely wrong!
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6.8¢ |
Change
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Mkt cap ! $76.30M |
Open | High | Low | Value | Volume |
6.5¢ | 6.8¢ | 6.5¢ | $14.51K | 223.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53579 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53579 | 0.065 |
2 | 168800 | 0.064 |
1 | 11160 | 0.063 |
2 | 32308 | 0.062 |
2 | 216361 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 30000 | 1 |
0.072 | 533786 | 2 |
0.075 | 40000 | 1 |
0.090 | 9959 | 2 |
0.095 | 260000 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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