ITC impress energy limited

incredible - 11 plus cents, page-4

  1. 2,691 Posts.
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    re: incredible - 11 plus cents and more to come There is nothing incredible about it.As i have been saying this stock is headed for high teens very soon.With the success of mirage 1,2,3. production will be closer to 1200 bar a day.ITC share is 480 bar a day.Equates to $36,000 aust $$$ a day.thats a revenue of $13,104,000 p/a assuming oil at $60 and aussie $$$ at .75. Some what conservative on the oil price and stregth of the dollar.I have not calculated anything for mirage 4. Which i believe will be a producer.
    Then we have the two wild cats to drill.then the rest of the drilling schedule to come.do some home work ppl
 
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Currently unlisted public company.

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