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0.7¢ ipb petroleum limited

20c short term, page-332

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Hahniceman

727 Posts.

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11/09/18

18:40

Post #: 35530436
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Originally posted by wot ↑

do some research.. everything is a long way off.. hence no logic for a late spike 11/09 besides another pump..how long you been watching this?? IPB commenced a renewed farmout process towards the end of the 2018 Financial Year. Renewed - i.e. they have been looking to farm this out for years.

Insto presentation spells out timelines clearly, so not sure what you are talking about?

- Proposal to be drilled in 2019 – (if farmout completed sometime in next 6 months)
- Assuming a successful farmout - timing is estimated to take between 2 and 6 months for a
signed deal. Timing driven by farminees, and terms can depend on competition.
- Timing for drilling to take an estimated 6-12 months from a successful farmout as minimum 6 months required to achieve Environmental and other approvals.

But yeah, it's coming next week mate.. I thought there was a chance, then I read that early data reviewers had walked...

Just in case - it implies that here "The company has received complimentary feedback from a number of larger companies on the quality and thoroughness of our technical and commercial work, even from those, who for strategic reasons, have elected not to continue with the process."

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Just out of interest what price did you buy?

IPB Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
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(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¢	757536	2

View Market Depth

No.	Vol.	Price($)
6	4619984	0.005
7	3665280	0.004
4	2933333	0.003
3	3900000	0.002
1	2000000	0.001

Price($)	Vol.	No.
0.006	1000000	1
0.007	12096435	11
0.008	1142857	2
0.010	3154765	2
0.011	57140	1

Last trade - 07.07am 19/11/2024 (20 minute delay)

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