incremental announces 3c div, page-11

re: stockanalysis bullish on inky Peter,

Today was dissapointing, but the negatives are not fundamental imo.

McGann ain't ready to give up on USR yet, and if he eventually does, he"ll have access to, and expertise in utilising plenty of other techniques to get a new life out of Selmo. Obviously any expectation that miracles would be performed quickly with A$4mm are somewhat deflated.

However, meanwhile the cash flows in, dividends have started, the field is being understood, an operations team grown, in-country relationships built, and surface facilities sorted. Downside risk seems low to me, and substantial upside highly probable, eventually.

I remain keen on the company, picked up a modest few more around 150 today, but a bit cautious as to short term sp direction, other buying opps, and the possibility of more market volatility (one of my MLs still in the buffer).

Where else do you get a 12 month start up with all the attributes of Incremental?

Entropylord