RE:RE:Perfect StormIt does seem like an outsized price movement for IMG compared to all the others except Harmony. Of course, HMY and IMG have a similar high cost profile so their share price is more highly levered to the POG than most miners. Still, it seems like a big move.
IMG is about to announce big news on Westwood and Boto. If they can convince investors that Westwood is going to soon fulfill its original promises and that Boto is the bright future for the company, we could see a big pop in January.
A CEO resignation at IMG would also be a stock price boost as management there causes a stock price discount. My gut feeling is that that isn't happening. It would be more likely that IMG would get bought out before a CEO resignation-only, and a buyout is a fairly low probability......less than 20% in 2016 imo.
Frankly, I think Westwood is an excellent asset. The problem has been execution....which gets back to management problems. The market is assigning basically no value to either Westwood or Boto/Diakha at the moment and that's where any future upside value in IMG is going to be realized.