ITC impress energy limited
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burning more cash than then are making...I think Eddie has a...

  1. Batohbk
    2,078 Posts.
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    29/01/09
    16:33
    Post #: 4739660
    burning more cash than then are making...

    I think Eddie has a plan to pick up all our shares for next to nothing and own the company by himself.

    I would have thought sales would have been close to $2.5M and not the $1.9M in the quaterley.

    They say they are producing 1000bopd, net 400 to ITC, they recently announced they were getting AUD$70- per barrel.
    what happened tp 600K ?
    ITC Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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