ITC impress energy limited

earnings

  1. 5,929 Posts.
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    Looking at RPM's very brief quarterly, it looks as though we are having quarterly gross revenues of around 1.2mil now. Obviously this will alter with differing oil prices.
    I still expect the oil price to be upwards of $100 for a while yet.
    Further increases will occur with hopefully 2 new successful G wells shortly and by xmas could well be up around 2 mill per quarter if the oil price holds above $100 a barrel.
    Some of that will at least fund our exploration and reduce the risk of a cap raising.
    The quarterly will make for interesting reading.
 
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