IMP imperial corporation limited

marcellus shale, page-3

  1. 1,887 Posts.
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    motors you dont get it , imp is a great company the management borrowed 45 million dollars sold a small piece of it for 24 million dollars and earn 8 million before tax and interest per year , they have great backing from macquarie bank and by there past success at picking assets will be worth a lot more money sooner than later .


    there is great value in there assets if they can fracture there wells in the marcellus shale , unfortunately fracturing is illegal in new york state , it is legal nearly everywhere else in usa and there state of new york will make a decision at the end of the year if they will allow fracking ,

    new york need the money they owe 8 billion and it is more likely than not they will allow it , then imp will conservatively be worth 20 times its sp .

    SO TO CAP IT OFF AS IS GREAT COMPANY UNDERVALUED AND THE UPSIDE IS A LOTTERY WINNING TICKET AT THE END OF THE YEAR 60% CHANCE TO MWIN NOT BAD HEY!
 
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