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Bullboard - Stock Discussion Forum Imperial Metals Corp T.III

Alternate Symbol(s):  IPMLF

Consumer Cyclical Metals & Mining Advertising Agencies Copper
Imperial Metals Corporation is a Canada-based exploration, mine development and operating company. The Company’s holdings include the Mount Polley mine (100%), the Huckleberry mine (100%), the Red Chris mine (30%). The Company also holds a portfolio of about 23 greenfield exploration properties in British Columbia. The Mount Polley copper/gold mine in south-central British Columbia is owned 100... see more

TSX:III - Post Discussion

Imperial Metals Corp > Positive news release!
View:
Post by miningfundi on Feb 08, 2024 10:11am

Positive news release!

Positive news release: no additional debt (excellent sign of positive internal cash flow), just a rotation of current non-dilutive (but expensive) debt, maturing November 2025. By that date we should be expecting much larger and cheaper project financing debt for the Red Chris mine development to gear-up the return for current shareholders.
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Imperial Metals Corp