IMP 0.00% 14.0¢ imperial corporation limited

solid prospects

  1. 3,412 Posts.
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    Looking very good to me;

    Last quarter IMP was cash flow positive from operations.

    New drilling program of another 5 under way, first well completed successfully with a short time frame to produce.

    BMX on the rise with IMP having a substantial holding.

    Market cap just 23 million - their holding in BMX alone is worth more than 14 million from memory and rising as that share rises.

    Only downside really for me is a large number of shares on issue which will attract traders if it starts to move.

    Worth a punt, I hold and bought more today

    Cheers

    Dazzler
 
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Currently unlisted public company.

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