IPB 0.00% 0.9¢ ipb petroleum limited

Better read here than any Q release I can think of. No deal as...

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    Better read here than any Q release I can think of.

    No deal as yet but looks like this Europe gas play seems to be focus at this time. Probably said as much info as they can without getting into trouble with the ASX popo. Sounds like an opportunity to buy an existing project with plenty of sunk costs, infra and financial studies. Could be some nice torque for IPB SP on a currently $6mill cap pre any dilution here. Could leverage higher cap/SP post deal to be more flexible with Idris drill.

    NA prospect discussions seems to have fallen over. Onto the next continent we go.

    AGM in a few days time.
 
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