Comments on: Saudi Arabia Pours Oil Investment into Australia http://www.dailyreckoning.com.au/oil-investment-2/2008/05/28/ An independent perspective on the Australian and global investment markets Thu, 18 Mar 2010 12:06:35 +0000 http://wordpress.org/?v=2.8 hourly 1 By: Ken Murray http://www.dailyreckoning.com.au/oil-investment-2/2008/05/28/comment-page-1/#comment-24532 Ken Murray Wed, 28 May 2008 08:54:30 +0000 http://www.dailyreckoning.com.au/?p=2762#comment-24532 Hello Dan, Interesting comments you have made about BMX - Bemax. Interesting too ...that IMP Imperial Corporation, that i told you about, a month ago (when its shares were 1.5 cents), has close on 5% ownership of BMX shares. That is about a $12+ million windfall for IMP. Not that IMP needs it. It is nicely cashed up, with also a Macquarie Bank $100 million line of credit to its Balance Sheets. Its 2nd of 18 natural gas wells was reported successful today (28 May - Carrolltown, Pennsylvania). The shares are running at around 2 cents and likely to go higher, during the next 16 successful Natural Gas Wells ...over the next couple of USA Spring months. Warm regards, Ken Murray Ph 0427 330061 or 07-4983 1911 Hello Dan,
Interesting comments you have made about BMX - Bemax.

Interesting too ...that IMP Imperial Corporation, that i told you about, a month ago (when its shares were 1.5 cents), has close on 5% ownership of BMX shares.

That is about a $12+ million windfall for IMP.

Not that IMP needs it. It is nicely cashed up, with also a Macquarie Bank $100 million line of credit to its Balance Sheets.

Its 2nd of 18 natural gas wells was reported successful today (28 May - Carrolltown, Pennsylvania).

The shares are running at around 2 cents and likely to go higher, during the next 16 successful Natural Gas Wells ...over the next couple of USA Spring months.

Warm regards,
Ken Murray
Ph 0427 330061
or 07-4983 1911

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