I am not impressed with a note at A$0.185c conversion and 12% on money but the key points are imho.
1:US$10m to get on with the job of cash/oil flow.
2:Equity remains at 40%.
3:Flexibilty with farmout.
4:IMC have kit to add value and all the incentive to do it.
Though I do not like 0.185c conversion, success will be in the detail and I trust managements ability to deliver.
It appears IMC did well here considering 24c yesterday.
Bring on Yakal.
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Last
6.4¢ |
Change
-0.003(4.48%) |
Mkt cap ! $17.35M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.4¢ | 6.2¢ | $34.81K | 551.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 273859 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 130606 | 1 |
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| Last trade - 15.30pm 15/07/2025 (20 minute delay) ? |
| RPM (ASX) Chart |