ITC impress energy limited
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We cannot be that far from being cash flow positive. @ 400bbls...

  1. nicto
    1,214 Posts.
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    19/11/08
    18:23
    Post #: 4515546
    We cannot be that far from being cash flow positive. @ 400bbls pd to ITC at A$90 thats $3m+ per qtr. I know we are not quite there.

    We are not out of the woods yet but if in 12 months we were to be around the 800bbls pd that's a very hand income.

    If I was Eddy I'd be making enquiries about the 20% RPM stake that must surely be available for sale.
    ITC Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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