IPB 7.69% 0.6¢ ipb petroleum limited

Ann: Proposed Drilling & Testing Project WA-424-P & Financing, page-12

  1. 2,319 Posts.
    lightbulb Created with Sketch. 347
    Well said.

    The sell down today was on expectation of a something materialising sooner. That is the impatient and those that believe a short term return elsewhere will be better have sold out. I don't think it is a reflection of the strategy. I think the speed at which funding is concluded will be telling. And additionally IPB may ride some positive momentum from the CVN/ STO drilling to come.
 
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