IMP imperial corporation limited

operations now profitable for a share at 1.4c

  1. 3,603 Posts.
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    Great to see results from operations only are already generating a cash surplus.

    Note also in the short procution time to date they have a;ready paif back 31% of the initial drilling program in about 6 months of full production. On that rate each drilling program payback would seem to be no more than 2 - 2.5 years out of wells expected to produce for 40 years.

    This share is way undervalue in my view

    Dazzler
 
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Currently unlisted public company.

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