Agree KZ Kiwi, destructive result for the company back in 2015 (of memory), re- duster on last drill by IPB.
Each well drilled is a new journey and hope.
That is, with CVN I was lucky to see 7 drills (again of memory) in the 4 years of holding.
Funny thing oil exploration, when looking for oil gas was found, when for gas oil (Dorado).
One lesson that IPB can/should have learnt is to have funding available even after a drill is put into the ground in case of a rainy day (duster).
This strategy may lessen the blow if expectation or outcome of a drill campaign to not go in favour.
For example, the SP upon the duster dove from 30-40 cents to 1 cent or so. And, if extra funds were in place then we might not currently be in need of a farm in.
Live and learn as they say.
Disclosure: the above is my opinion only and do not or need not reflect opinion or advice to the professional management and team of IPB. Nor was I in my current status a holder.
- Forums
- ASX - By Stock
- IPB
- 20c short term
20c short term, page-186
-
- There are more pages in this discussion • 408 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IPB (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.238M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 385801 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 9096435 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 385801 | 0.006 |
10 | 11809985 | 0.005 |
5 | 2340249 | 0.004 |
4 | 2933333 | 0.003 |
3 | 3900000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 9096435 | 10 |
0.008 | 142857 | 1 |
0.009 | 1000000 | 1 |
0.010 | 4154765 | 3 |
0.011 | 1257140 | 2 |
Last trade - 10.04am 22/08/2024 (20 minute delay) ? |
Featured News
IPB (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online