re: exploration firming up 7 wells ITC in a document to shareholders dated 7/4/04, says that the Cooper Basin drilling activities will have a possible increase from the current 5 FIRM WELLS , to number 7 wells .
Brokers' oiler analysts have recommended the gem for its LEVERAGE on current share price 6.2c . ITC have strong "go-getting" management , and have adaquate cash on hand of $4m , so no need to return to shareholders this year .
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