IPM incremental petroleum limited

perhaps best leverage to rising poo, page-13

  1. 4,035 Posts.
    lightbulb Created with Sketch. 520
    EL

    SEA is a bargain at the moment.....not as advanced in its production profile as IPM, but this should change dramatically this year.

    No elephant targets with SEA, only 'meat and potatoes' horizontal drills and
    frac stims in USA which will gradually build a significant cash flow.

    Unfortunately start of comprehensive '08 drilling program coincided with revelation of significant ovehang of OPES related holding.

    I hold SEA and IPM and would probably be buying more IPM before SEA at the mo.

    So.....in answer to your question: "Anyone see a better bargain in energy atm?"

    No.
 
watchlist Created with Sketch. Add IPM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.