IPM incremental petroleum limited

why so cheap, page-6

  1. entropylord
    14,187 Posts.
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    14/05/08
    10:17
    Post #: 3710216
    Berocca,

    True, but only because they have reinvested heaps in upgrading the field infrastructure, and on the USR program, buying the gas permit, and scouring the world for new ventures.

    The underlying Selmo operation looks pretty robustly cashflow positive to me.

    EL
    IPM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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