Past year: ▲ 225%(2.00c – 12.5c CAD)
Each one in plain English, with the numbers worked through for a shareholder.
5 Mar 2020resource reserve update● NeutralMajor
I-Minerals announced the results of the Pre-Feasibility Study on its Bovill Project in Idaho, via a news release attached as an exhibit. The filing itself gives no figures; the details are only in the attached news release. This follows the 2019 withdrawal of the earlier feasibility study and relates to the loan repayment trigger set in November 2019.
15 Mar 2019resource reserve update▼ BadMajor
I-Minerals said that after re-evaluating market demand, the market is unlikely to support an operation of the size in its March 2016 Feasibility Study. That study is no longer current, and the previously reported proven and probable reserves should no longer be classified or relied on as reserves. Mineral resource estimates are unchanged from October 26, 2015, and the company is assessing a phased, lower-capital approach focused on metakaolin and halloysite; SRK Consultants have been engaged for an updated technical report.
