ITC impress energy limited
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fire sale

  1. guttedsquid
    5,933 Posts.
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    18/12/07
    14:31
    Post #: 3172114
    If there was ever a time to buy some of these its now.

    At 4c it has a market cap of just 18.8mill
    Reserves 40% of 3.2 mbo at $40 AUD per barrel
    is 51.2mil
    We haven't valued their acreage.

    Way undervalued.

    I agree that it is crunch time next year but all the indicators are that rewards will come.

    I will be buying anything under 4c if possible.
    ITC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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