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IXR, IMX RESOURCES LIMITED |
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In Reply To: nifty49's post @ Oct 22 2012, 08:53 PM Might be a turnaround here Nifty? Watching this one. |
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RCR company update: IMX Resources Limited (ASX:IXR), October 2012 Summary: The recently released Preliminary Economic Assessment for IMX's Ntaka Hill Nickel Sulphide Project in Tanzania (now progressing to a full feasibility study) highlights this as a quality project that could be producing high grade 'clean' nickel-copper concentrates by the second half of 2015. The valuation of this project, complemented by current iron ore production generating modest cashflow, and excellent exploration potential in Tanzania and Australia, underpins our A$0.33-A$0.41/share corporate valuation. The current share price (A$0.135) is a 63% discount to our midrange A$0.37/share valuation. Our six-month target is A$0.22/share. |
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In Reply To: nifty49's post @ Dec 20 2010, 12:42 PM Brilliant 1/4 ly report released. Very impressed with management. A " Can do" approach. Money in the bank and some nice listed investments. A 2011 Growth story in the making IMO. Not far off 77c already? Nifty |
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RCR report released today. Target Price 77.
IXR has a few strings to its bow! First container ship left Pt Adelaide and holdings in Continental Nickel and Uranium SP on the up. Seasons greetings to all IXR holders. 2011 should be rewarding. Nifty ![]() |
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In Reply To: nifty49's post @ Dec 14 2010, 10:47 AM A very nice finish @.66...look forward to the rest of the week. |
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In Reply To: cajee21's post @ Dec 14 2010, 08:54 AM Yes, touched 66 today! The faithful increasing their holdings? Long term rewards ahead IMHO. Nifty |
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In Reply To: cajee21's post @ Dec 13 2010, 10:35 AM An other encouraging announcement this morning. I think the SP will be on the 'up', again. |
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Looks like people are starting to take IXM seriously given the movement this morning. Good to hear that the first shipment to China will set sail next week.
Well done Duncan for remaining committed and on track. |
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In Reply To: nifty49's post @ Nov 25 2010, 05:46 PM IXR moving day today. Closing at 57.5 on increased volume. |
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In Reply To: cajee21's post @ Nov 23 2010, 03:51 PM IXR released a great presentation today. Certainly moving in the right direction. Proximity to Coober Pedy is significant! Happy I am in this one Nifty |
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