IMP - Imperial Corporation

[binginbarrel]

Re: IMP - Imperial One

I`ll take your advice pharoah and keep an eye on them if it breaks 2c.

I`d be happy to break even and unlock the funds for something less static.
I`d be even more happy if they hit 5c and I sold there.

 

[the_godfather4]

Re: IMP - Imperial One

big morning so far.......+17%.......has the beast finally woken?

better not jinx it.....u know what they say about counting chooks and all that stuff

Anyone know how many shares will be on issue once the "non-marketable" portions are bought back as per earlier ann? with less on issue, and hopefully some cash coming in from the working wells, it can only help

 

[pharaoh]

Re: IMP - Imperial One

Well??????

Everyone happy today?

 

[kr1zh]

Re: IMP - Imperial One

Good news on IMP


IMP has accomplished drilling two wells with indication of gas existency.
Start production in October 2006.

 

[Sean K]

Re: IMP - Imperial One

Two? I thought it was up to about 13........

 

[kr1zh]

Re: IMP - Imperial One

That's the news in CommSec i read in the last 5 days for IMP.

Two? I thought it was up to about 13........

 

[pharaoh]

Re: IMP - Imperial One

Yes, but is it up to 13 wells producing now, with the 14th being drilled as we speak
Can have up to 100 on the lease

I posted this on HC (nic Wilson!) as an attempt to value imp - let me know what u think

Accurate flow rate data can be provided to the market once they have been in production for 3 months.

As per 18th July announcement:

The first 4 wells were choked off to produce in total of 500 - 600 mcf per day - must be combined - so 150mcf per well per day

Sorry, my mistake.

So, would it be correct to say, based on JUST 15 wells for now:

150 mcf a day x 15 wells x $6 (current price of gas) = $13,500 a day

$13,500 x 365 days a year = $4,927,500 per annum

Or if they have 100 wells going...$

150 mcf a day x 100 wells x $6 (current price of gas) = $90,000 a day

$90,000 x 365 days a year = $32,850,000 per annum

Less 172,500 per well in cost (their share of the cost)
They hold basically 61% revenue interest so less the 31%

Am probably wrong along the way, who knows

 

[binginbarrel]

Re: IMP - Imperial One

However the calculation goes I reckon just GO IMP!
I can see the value in it and it looks like all the other punters are beginning to as well.

Lets see what Wednesday brings.

I might even submit this stock in the tipping comp now it`s come to life.

 

[pharaoh]

Re: IMP - Imperial One

binginbarrel, you still in???
Anyone else?

I reentered yesterday, see how we go

Reckon above 3c today, but will see

 

[the_godfather4]

Re: IMP - Imperial One

binginbarrel, you still in???
Anyone else?

I reentered yesterday, see how we go

Reckon above 3c today, but will see

Still in.....have held on for a while and its nice to finally head in the right direction

Finally the rest of the market is seeing what we saw all along

I firmly believe there is a lot of steam left in this one......

 

[binginbarrel]

Re: IMP - Imperial One

Yep!
Still in.
Considering putting in a stoploss at .027 when it gets there.

 

[simonsays]

Re: IMP - Imperial One

So where is imperial headed today????

 

[kr1zh]

Re: IMP - Imperial One

IMP hit 2.6 cents today !

 

[binginbarrel]

Re: IMP - Imperial One

Will it get back over 2.6?

 

[pharaoh]

Re: IMP - Imperial One

reckon for sure, matter of time
taking a breather.

traders must have been the cause of the rush of blood, but its good it seems to have found a new support

 

[binginbarrel]

Re: IMP - Imperial One

reckon for sure, matter of time
taking a breather.

traders must have been the cause of the rush of blood, but its good it seems to have found a new support

Not much happening these days.
Is this just a sleeping bull?

I ponder daily whether to bail out or not. The only reason I keep my $ tied up is that it aint going down (in a hurry).

BB

 

[Morgan]

Re: IMP - Imperial One

I'm still hanging in there. As you say, not going down.
Gas is a hot topic in Australia right now, which is one reason for me not selling.
Only have a small holding though, with a SP this small, does not take much SP increase to really give you a nice surprise :

 

[binginbarrel]

Re: IMP - Imperial One

Thinking I might top up on her this week.
Predicting a slight drop to 1.6c then gradual increase to 3cents after X-mas.


BB

 

[binginbarrel]

Re: IMP - Imperial One

It`s starting now.
Numbers want in on this.
Gas prices in the US are set to soar. Very IMPortant.
Go the imp!

 

[yogi-in-oz]

Re: IMP - Imperial One



Hi folks,

IMP ..... yet another speccy Aussie oiler (producing)
in Appalachian region of USA.

Chart tells most of the story, but there's a
few cycles coming in this week, that may be
enough to overcome an underlying negative
cycle, at present ... ???

Unable to attach IMP chart here, so please go to:

http://www.incrediblecharts.com/forums/messages/8/impupdate03112006-941921.pdf

..... a breakout and gap-up would do nicely, thanks Lord.

Bring on the good news ... !~!

happy trading

yogi



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