IND 0.00% 17.5¢ industrial minerals ltd

Ann: Indus executes Option Agreement to acquire IMD Gold Mines-IND.AX, page-39

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  1. 1,949 Posts.
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    Looking forward to the end of the week when we should find out how the DD shaped up and whether we have a goer.
    Lots must be going on behind the scenes, as besides a myriad of other complexities, the following week IMD have to come up with the first part of the Battler payment.
    From my research Battler is being rated much higher by IMD than it was BOK as it played second fiddle to their interests in NSW and the Marda Project. The background of each of the current Directors of IMD also bodes well for the prospectively of the Company.
    For IND the Battler project IMO maybe significant, given INDs recent history and hopefully provide holders with some immediate reward. Adding in Marda would take it to another level.
    Relief for long term holders might finally be on the horizon and by the end of the week we will know if we are back in the game.
 
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