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
