is there value in this, page-2

Subject itc shareprice impact
Posted 19/01/06 18:30 - 112 reads
Posted by manz
IP 144.139.xxx.xxx
Post #869836 - start of thread - splitview

ok for those of you to lazy to download the 34 page
nov 29 AGM presentation.
this is part of the company presentation on 'potential impact of 2006 drilling program'

Tomcat 5/16mmbbls 15-49c per share
Lightning 3/8mmbbls 9 -24c per share
Wirra1 4/10mmbbls 12-30c per share
Wirra2 2/6mmbbls 6 -19c per share
Ascender 2/6mmbbls 6 -19c per share
Gannet 4/12mmbbls 12-37c per share

*asumes issued capital approx 350 millshares


with the ITC share price currently at 8 cents, if any one of these wells is a hit in the next 6 months the share price can double or triple.