Glitterati.
The percentage of a farm in can vary immensely.
In favour for IPB is the low drill cost estimates and hypothetical reserve estimates.
Add to this a ‘perfect storm’ (as cited by our CE O) timing and 50% split is plausible IMO.
Of course, multiple interest by farminee applicants and negotiating skill sets by IPB would be needed to achieve such a desired outcome for both team and shareholders.
Good Oil Conference, page-9
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¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2289788 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1007536 | 3 |
View Market Depth
| Last trade - 16.12pm 18/11/2024 (20 minute delay) ? |
| IPB (ASX) Chart |
Day chart unavailable
