blocking stake hypothesis, page-8

agrees - still plenty of time though until oil related SP movement becomes a factor.last time VPE was 40+ ITC was around 5 cents.Its a not to distant memory for VPE directors.

I cant see ITC SP staying above 6.5 cents until oil is present in the first well of the drilling campaign..possibly end of October?

Nice solid campaign of company ann relating to CSG will have to be the tool of choice that and recovering market forces to see VPE VWMA back up to scratch over the next 4-5 months.

If it were me I would not issue 500mil shares now when I could have a strong chance of only giving away 250 mil 3-4 months later. Its worth a punt to wait.