ITC 0.00% 8.2¢ impress energy limited

PC43, The post says it all. Tell the story..If you want to sell...

  1. 559 Posts.
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    PC43, The post says it all. Tell the story..
    If you want to sell chocolate's and only Nestles and Cadbury are aware that you do.???????
    When we get the story in full or when others are told then the potential value will be realised.
    I have some good expectations from the new kid on the block. Les Longden and Bernard Crawford . We will see.
    At present no broker presentations, few or no updates.
    No visits to site or explainations of current production.
    Confidentiality re present use of STO 's 3d until they process there own, and on and on.
    In Eddies words. "As we change into a significant oil producer". referr asx ann. 31st Aug..
    As to a rights issue, only if itc make a bid for another company. Do your sums re income of 450bopd or thereabouts and I expect that to exceed the outgoings unless we have continous drilling. Thats not going to happen in the short term. Vpe has not had a lot of cash burn re last statement . I can not see how Impress can not have a reasonable cash in bank and after next week perhaps some of all will be reveiled . Completion dates are a cash drain but VPE seem to be improving. 247
 
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Currently unlisted public company.

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