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3,412 Posts.
162
20/06/07
21:49
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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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