nice early result, page-6

To answer your query my feeling was that Ipt had little downside before today and was a well positioned risk / reward entry for those that got in under 5c.

If I didn't already hold I may have considered an entry over the past couple of months.

Now the downside is back to the 3-5c area IMO if things don't go as hoped with this drill program.

Mike is a good operator in that he knows his geology and how to spot potential that others may overlook. Which is why impact has managed to get hold of a number of very interesting projects.

All that is needed now is a bit of luck and then we will hopefully get to see impact move up its triangle from explorer towards producer.

Botswana was very frustrating, but after much soul searching I have kept my holdings here due to honest management and great potential. I still believe Botswana will actually deliver for Ipt but we may have to wait a little while still.

In the meantime with a good sniff and 7 drill holes there is a chance we could get an initial rerate on a discovery here. At the least there will be enough news flow for traders to play for a while. Then everything else will be a bonus. Fingers crossed and gl to all.