A fair bit more detail in this Q compared to previous reports. I get the sense that the wheels are in motion.
So it's been laid out for us. They seek a partner to fully fund the US$12 mill drill + some back costs. IPB current MC $1.4m or an EV of just sub $1m. Cheap.
The sector climate is as good as it has been in years and is forecast to keep improving.
Oil resource estimates to be announced 'near term'
Ann: Mar Qtr 2018 Activities & App 5B, page-2
Add IPB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.532M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1219659 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 900393 | 3 |
View Market Depth
| Last trade - 15.00pm 19/11/2024 (20 minute delay) ? |
| IPB (ASX) Chart |
Day chart unavailable
