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16.7% 0.7¢ ipb petroleum limited

Ok but the additional work on seismic in imho greater than $160k...

  1. agentdownload
    1,073 Posts.
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    13/11/18
    08:42
    Post #: 36479457
    Ok but the additional work on seismic in imho greater than $160k circa.

    Mate when they hit 500k left in cash that is when imho any small cap investor might be a little nervous re trending towsrds insolvency is all. Hence prudent board imho will raise cash this or next quarter with or w/o a farm out deal.

    I like ipb acerage and v low mc but not theie v low cash pisition.

    I will xontibue to watch from the sidelines..

    Glta

    Adl
    IPB Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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