ITC impress energy limited
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re: down it goes

  1. guttedsquid
    5,929 Posts.
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    23/05/06
    22:11
    Post #: 1581804
    How do you arrive at that figure. They are currently at about 300 bopd i think. They have four successful wells to bring into production. You then reckon that each well will do 77 bopd. Way to conservative. I would expect at least 150 bopd from each well on pump bringing it to 900 - 1000 bopd. ITC share at 400+ bopd.Lots of upside here. Absolute bargain territory. Sell down has been stupid and for those numb skulls that sold under 8c you will cry soon.
    ITC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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