ITC impress energy limited
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  1. dennycrane
    634 Posts.
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    05/08/09
    15:20
    Post #: 5472362
    Some possible scenarios in Q3/Q4

    1. ITC gets taken out at 10-12c. My guess is that it will be VPE or BPT.

    2. Snather 2 and 3 are drilled. If there is some disclosure on what chokes were used that will give a good indication of the true potential of the resource. SP will move to 9-10c anyway.

    My bet is with scenario 1.

    ITC looking good for a medium term hold.
    cheers
    DC

    ITC Price at posting: 5.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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