> http://www.investegate.co.uk/Article.aspx?id=200804020701443743R
http://www.imperialenergy.com
http://www.investegate.co.uk/Article.aspx?id=200807040700042799Y




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img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=IEC&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">
cyril

Cyril, fortunately got a tip early doors on this one. Best 1.2 average 3.9
I've always thought 20 possible, but agree 30 now seems on the cards if they keep doing as they promise. Long term hold for me. Thought about trying to trade out on peaks & back in on dips, but worried I get it wrong and end up out all together. Good luck, a quality stock imo.

IEC announced an up grading of reserves by the end of Feb(the next 3 days of trading).What the SP will be depends upon how many have already bought into this news. Much will depend on the size of the increase reserves, also we could also find a lot of profit taking?
However along with the finals due end of March, it seems that the company is
making great headway. So all positives and come the completion of the pipelines,
an aggresive drilling program (increasing P2 reserves)coupled with increased output(6000bopd expected late Q3), a healthy growth in value is to be expected?
cyril

Well worth looking at
http://www.imperialenergy.com/op_pipeline.php
It should be noted that only 20kms are actually marsh land.

Also the Rig presentation
cyril

niceonecyril ---- let's have another one

still the cheapest oil stock as far as I can see --- 800M barrels 2P for MC 550m plus c20-30m cash

Question is how much will Gazprom want to pay per barrel for it. Sadly it is totally their call

Hopefully they will pay the market price, or just buy the whole company

Ha Ha . No chance there. Possible $2/bl though -- that's another 100%

blimey, comme on dit en francais!

but if you did not already hold, you were too late even at the opening bell

Click on link post 89 for latest progress to pipelines,quite something. And more
info due end of month.SP at barguin level.
cyril

Impressive progress indeed Cyril. Just one more thing that's ahead of expectations!
Are you still buying?

Brian;Actually felt it was time to take some profits,with the market showing
volitility, thought it best? Still believe theirs a big upside, March update, moving to the main market and once the pipelines have been completed with the extra output.
So, happy to hold. Some of my profits i have put into TMC which i believe has
hugh upside, possibly a muliple of at least 5?
cyril

IEC beginning to gather momentum,SP going up now 1247/1235p range from
recent lows of 1150p. More news due end of month.
cyril

Yes Cyril, should be positive momentum until next hike in resreves. Haven't seen notice of results yet - perhaps holding back to coincide with D & M report.
TMC looks good, just need some funds as my IEC investment is staying put!

2 pieces of news today which will only strengthen IEC position.
1st Announcement to move to the main market end of April.
2nd $200 bank facility arranged.
This accounts for the recent movement experienced of late.

Impressive progress this week,SP up from around 11-50p to 13-50p.
Worth looking at the pipeline progress,via the photo's. Try post 89 for
link.
cyril

Well IEC broke the 14 barrier and held quite comfortably, a leaky share and the
recent rise seems to suggest "good news" is on the way?
ps
I was under the understanding bb were for shareing info and views, well
somewhere its got lost on this thread. In fact i'm thinking of calling it a day.

cyril

Cyril, I don't want to tempt fate by saying too much! It seems PL is a genius. Going to look at the web site now to see exactly what we've got now.
Do you know when the results are out? I thought this info may have been published at the same time.

i sit here open-mouthed! ..... i strted looking at this share, of which i had never heard, when sp was 10/1100 and could not see a reason to buy .... congrats to all those who did and also hung on

Brian we have will have news next month which should be, the Finals plus an
operations update and also admission to the main Market.Came close to selling more this am, but decided to hold fire with the possiblilty of us joining the top 250.
I see that as a major achievement, which will put IEC on the list for Tracker Funds.
Don't know your position but it seems you've held for more than 2 years,which
qualifies you for only 10% CGT(AIM listed only). That is 10% of PROFIT after using yourallowance of 8800,also if married you can transfer some of your shares to your wife allowing her to use.It will also be possible to put these in an ISA once we
have joined the Main Market.Take my points as something to think about and not telling you what to do.
lol cyril

cynic: I started this thread with the SP at 288p,so a 5 bagger at the moment.Your point about the SP putting you off is valid and many PI's feel the same, but its the
M/Cap along with the fundamentals which are most important.This share is being driven by institutions who are not put off by the high SP.
Their's still a lot of mileage in this share, once the pipeline is finished,6000bopd which in turn will prove up P1/P2 reserves to a much higher level,then on to 1st
10000bopd increasing to 25000bopd(all being well). The SP will be well above 30
come 2008 and even higher in 2009. aimho etc
cyril