IMP imperial corporation limited
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marcellus shale, page-4

  1. miningnut
    11,407 Posts.
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    20/07/10
    18:50
    Post #: 6923518
    Unfortunately their shallow Marcellus & Utica shale acreage in NY is worth probably less than $400/acre compared to the $4000/acre they recently got for the hot 6,200 Marcellus acreage in PA.
    I'm sure they would be still cash flow positive and their remaining debt of $US33mil is at LIBOR rates plus a margin so won't break the bank a/c or P&L.
    Promising now but still to totally prove itself.
    IMP Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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