OTCPK:ICPVF - Post by User
Comment by
firstworldon May 26, 2020 6:52am
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Post# 31071802
RE:Quick jump to $15, minimum
RE:Quick jump to $15, minimumNo one is going to buy part of an incompete plant project that's significantly over cost at 60% completion unless it's discounted 50+% to NBV.
This very project that's gone off the rails can easily sink the company as a tier 3 infrastructure company so far from premier is not funny.
JohnFriesen wrote: If IPL succeeded in selling an interest in their plastics plant, or sold the oil storage in Europe, I'd think the share price would make a big jump as the financial uncertainty was lifted.
Shareholders just need to be patient, this is one of the premier infrastructure companies in Canada.