IPT 0.00% 1.2¢ impact minerals limited

I think you're right MFV. IPT are almost starting to resemble a...

  1. 13,097 Posts.
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    I think you're right MFV. IPT are almost starting to resemble a CFE type corporate structure, though not quite as developed in that regard, but certainly with an intended flagship African project, again comparable to CFE's Marampa conceptually. Smart divestment of non core assets with $575k in the coffers and some leverage to rising mid-to-long-term U prices via the share placement in TOE. I would be surprised if they don't try and hold on to as much of Botswana as possible, JV a portion, hopefully prove-up a big JORC, then perhaps wait for suitors. All depends on the drilling over the next year or so i suppose. One thing's for sure, I like a tight share structure and standup mgmt.

 
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