IMX’s business strategy is to create shareholder value through a diversified portfolio. The Company maintains maximum exposure for shareholders through their multi commodity portfolio approach, coupled with geographical diversity. In 2007, IMX shareholders will be exposed to AU$19 million in exploration through joint ventures and companies in which IMX is the major shareholder, with only AU$1.5 million of that expenditure being sourced from their own funds.
The IMX board is working seeking to maximize shareholder value through a mixture of core projects, where it may take the project through to development, and spin-offs & joint ventures, where the board feels it is important to bring in specialist expertise or extended funding or where keeping the assets in IMX would not maximize shareholder value.
The core focus is to broaden the Company’s core project portfolio primarily in copper, nickel, Platinum Group Elements (PGE) and iron ore with the objective of developing cashflow and company making assets.
IMX’s modus operandi is “Delivering value through diversity, discipline and development”.