ITC 0.00% 8.2¢ impress energy limited

fundamental buy, heres why, page-26

  1. 328 Posts.
    dave

    it's a dream now but would be a reality in 4 month's time
    stay positive mate

    itc has invest all of their earning back to exploration with 60% of success rate this is ROI (return on investment) of more then 60% (or could it be 60x,or 600x) in term of future earnings, I can't put a number on it as it is subject to the quality of their findings.

    secondly the oil price is set to be trading above USD$80 next year, my prediction for oil to trade above USD$100 is just matter of time, the out look is good. the only concern would be exchange rate of AUD which we could see trading above $1 in the coming years.

    so as long as ITC keeps those oil coming sp of 30c 40c or even $1 will not be a dream

    just wait till those walls come on line and you'll see

    just my opinion of cause
 
watchlist Created with Sketch. Add ITC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.