IPT 7.14% 1.5¢ impact minerals limited

Too early in the project cycle to garner much interest. The next...

  1. 2,467 Posts.
    lightbulb Created with Sketch. 934
    Too early in the project cycle to garner much interest. The next announcement about bulk sampling at Blackridge is due very soon if what was said at the RIU Conference was true. The beginning of April is here so time to start bulk sampling. Blackridge has more potential to become cashflow positive than any other projects IPT hold imo.

    Offload Mulga Tank for cash in the short term. No point having it sitting on the books costing the company when they have neither the money or intention to explore there any time soon.

    Go hard and with haste at Blackridge, get the upgraded JORC for Commonwealth Project completed and farm the project out as it is far too expensive for IPT to do. A hole here and there each year is ridiculous and the market has lost all interest as it realises it will be many years before there is a chance a mineable resource will be proven.

    Broken Hill also needs a strong jv partner to get it moving. It's been sitting there for years without progress, yet is looks like a great project. IPT can never afford the type of exploration required and once again the market has given up waiting.

    This is a make or break moment for IPT. Spend the $2m in the bank on a concentrated effort to get one project to an advanced stage Mike, otherwise the next cap raising will be at .005 imo.
 
watchlist Created with Sketch. Add IPT (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $42.97M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $12.99K 877.6K

Buyers (Bids)

No. Vol. Price($)
18 4649119 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 1399578 4
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
1.5¢
  Change
0.001 ( 7.14 %)
Open High Low Volume
1.5¢ 1.5¢ 1.5¢ 2158030
Last updated 15.23pm 29/03/2024 ?
IPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.