Hello Chris,You raised some very good points in your post.The...

Hello Chris,
You raised some very good points in your post.

The bridging loan as I see it will be repaid from the monies raised from the ssp imo.

The 100m credit facility has been in place for sometime now and IMP have stated that this was to be used for acquisitions so MCQ have put some faith in IMP for sometime now.

However it appears that they are hedging thier bets or in other words reducing thier expose to the full risk.

I would be much happier if IMP were more up front in telling the market the actual profit or loss they are making on current wells.

DYOR