IPT 7.14% 1.5¢ impact minerals limited

"And after lots of low grade Au Ag low grade stuff they then...

  1. 2,288 Posts.
    lightbulb Created with Sketch. 2755
    "And after lots of low grade Au Ag low grade stuff they then went trial gold mining (unsuccesfully) in central QLD. At least we assume it was unsuccesful because the company didn't really elaborate on gold recoveries, trial mining geology, costs etc etc"

    Trial mining did not take place because IPT couldn't agree terms with the holders of the exploration and mining license. This was announced to the market on 28th November 2019.

    However, the holders failed to renew said licenses and they have since expired -- per the recent announcement to the market on 17th July 2020, Dr Mike has applied for the exploration licenses that have lapsed.

    The delay has worked in the favour of shareholders as PGE prices have exponentially increased since the original drilling took place.

    https://hotcopper.com.au/data/attachments/2323/2323180-f975c0c5f0d833eee456666b9a5612ce.jpg
    Last edited by VatreniHR: 25/07/20
 
watchlist Created with Sketch. Add IPT (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $42.97M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $12.99K 877.6K

Buyers (Bids)

No. Vol. Price($)
21 6209047 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 1499578 6
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
1.5¢
  Change
0.001 ( 7.14 %)
Open High Low Volume
1.5¢ 1.5¢ 1.5¢ 2158030
Last updated 15.23pm 28/03/2024 ?
IPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.