Hello Wasa and all. Been some continuing good discussions and info here. Thanks to all who add to the imformation plot. Squidgy as always a good post. I to would like to see some "What if" ideas on any possible takeover price calculations. I suspect thats a bit of black art though as figures just are not being released to us the shareholders. Like what did the wirelogs indicate, what pressure etc.in Snatcher 2 and no MDT test or if there was its not being released to the market.
Why is ITC on low volume and falling in price despite a pretty good fundamentals picture.
I reckon Wasa, with a bit of head scratching, it can only be traders working on Technicals , candles and charts, and on the strength of that they are exiting the trade. Not necessary day traders. In the pass ITC has had resistance at the mid 5 cent area and as a tech trader you could beleive thats where its at again.
When you get a bit of publicity and investors wake up and want shares in Impress then the breakers will roll.
The only other explaination is that Growler upgrade is not proceeding as well as we believed . All I heard was some small additional water cut in one well so choke was reinstated as previous.
Anybody had a likely update from company re Growler current flows.? JK has previously said by Dec quarter JV will have 2000BOPD from Growler Field.
I expect Xmas will arrive early for us Impress share holders.. 247
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