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IMX controls the Nachingwea Property in south-eastern Tanzania.

IMX in $7m Tanzanian nickel sale

Mineral developer IMX Resources will sell part of its Ntaka Hill nickel mine to Mauritius-based private equity company Fig Tree Resources Fund II, with plans to use the cash to fund its nearby graphite project. 
Fig Tree vehicle Loricatus Resource Investments will acquire nearly 71 per cent of the project for $7.2 million in cash, with a right to maintain that interest on completion of a feasibility study within five years.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
15thHeron Resources788%-12%
360thCaravel Minerals18%-25%
662ndHammer Metals-32%-25%
665thIndiana Resources-33%51%
775thBreaker Resources-63%3%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/05/18
$23k Bought
23/02/18
$0 Bought
23/02/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

181st↓Indiana Resources$248k
217th↓Heron Resources$140k
218th↑Hammer Metals$140k
220th↓Breaker Resources$138k
221st↓Caravel Minerals$137k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Indiana Resources

613thNicholas Corlis$205k
729thStuart McKenzie$161k
1072ndDerek Fisher$72k
Ranked by total remuneration from all listed WA companies

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