ITC impress energy limited

update nov.

  1. 559 Posts.
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    Hello all Bracket holders.
    I am amazed how little discussion has taken place on the Nov 18th update.
    If you analyse or had it dissected by a knowledeable Geo the up side is terrific. The 5 pages from Greg has a huge ammount of information contained within. It is in part what I have seeked to be made public since August. Greg as always remains conservative. It's a noticeable event that again the info did not originate from VPE .
    I believe asic has played a part in having this ann made by ITC on behalf of the JV.
    Take a good read everyone. Statements re common pressure, the current Snatcher Field downdip from Liberator but will be better ID. when 3d reprocessed is available.
    On the strength of this ann I continue to buy when possible. The company is FUNDAMENTALLY UNDERVALUED.
    Your so called wall at 6 cents is there only because IMpress is yet to be recognised and volumes of traded shares are pitifully low. If you had ipod presentations and continued market presentations such as wdr and bcc have done then you would expect high volume of traded shares and a 12 cent price attached. Brokers such as Patterson would do a great job of presenting the bluesky potential but why would they. They want clients to buy into rights issues etc from which they obtain fees. ITC offers nothing and admin is low in Impress Energy.
    I have gained a further 200k of shares in Impress. The only negative is the slow process of bringing on line the EPT of S1 and S2. Congratulations Greg Smith in a hat trick and in obtaining the cash for his options. He may not appreciate my actions at times but I appreciate he is on the Impress team 247
 
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