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Why Has Industrial Minerals Share Price Surged by 100%? — ASX:IND| ASX Mining News & Discussion
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Lykeshares Official
$IND Why Has Industrial Minerals Share Price Surged by 100%?
A company in Western Australia sees a significant increase in its share price after acquiring a stake in a quarry with mineral rights

Share Price Surge

Industrial Minerals Ltd (ASX:IND) has experienced a significant 100% increase in its share price after the announcement of its deal with North West Quarries. The deal includes the acquisition of an 80% interest in non-construction mineral rights, including lithium and high purity quartz (HPQ), at the Pippingarra quarry operating near Port Hedland.

Acquisition and Exploration of Mineral Rights

The company, based in Western Australia, is exploring for lithium in the established lithium province of Pilbara. Industrial Minerals has recently secured an option to acquire an 80% interest in the non-construction material mineral rights to the operating Pippingarra Quarry, which includes lithium and HPQ.

Positive Market Response

The management of Industrial Minerals believes that the drilling at the Luni carbonatite will make a substantial contribution to the maiden mineral resource estimate ...
Why Has Industrial Minerals Share Price Surged by 100%?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?