IMP imperial corporation limited

Ann: Acquisition Update and Drilling Program , page-31

  1. 1,082 Posts.
    Please be careful investing your money on this basis. 18m of ebitda does not mean 18 m of cash at all. I have read the announcements very carefully and I suggest you should do the same before leading other investors down the wrong path.

    I realize you are passionate about your investment, but it is dangerous to get confused about what various financial terms mean.
 
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