ITC impress energy limited
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Net cash at end of Q about where projected, however I don't like...

  1. entropylord
    14,207 Posts.
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    28/01/09
    16:28
    Post #: 4735324
    Net cash at end of Q about where projected, however I don't like it.

    $2.7 mm for Mar Q on E&D, mostly 3D. With probably at best $1.2mm of this coming from net field income, we are sinking $1.5 mm into the red, pretty bad for a $15mm mc coy at the best of times - which these are not.

    EL
    ITC Price at posting: 2.4¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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