IPB ipb petroleum limited

Ann: Half Yearly Report and Accounts, page-8

  1. 6,495 Posts.
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    You know its just a copy and paste out of the Q report right? Dont think these guys are the types to give anyone a free lunch.

    Im still more than happy with my Taroom play thesis. Still as yet to be proven wrong as EXR havent yet announced their farm in partner they think theyve got on the hook. OMA been humming along and in their catalyst period now.

    I dont think EXR have even got their rigs locked in yet and if youre a minnow like IPB, you kind of need the ducks lined up prior to committing. That well is forecast to be drilled early Q3 which meets the criteria in the excerpt -
    "acquisition of early stage, high impact opportunities that can potentially add significant value to the
    Company in the near to medium term".
    So could all happen very quickly if they are going down that route.

    I watched Neil Young do an EXR preso recently where he said Diona-1 would very much suit a junior and hinted it would be an ASX coy. The pool is very very small and could count on a couple of fingers as to whom the suitors that are in the window for it.
    Last edited by ASXcowboy: 14/03/25
 
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