Its cheap and a it a buy, I suppose the day punters want more positive flow results.
I personally would like an ITC update and I notice unfortunately that ITC is not presenting at the Good Oil Conference in Perth next week (I will be attending).
So what do I want to hear from ITC
1, Results of the 3D seismic data, which will hopefully confirm that Growler, Tigershark and Wirraway is one combined field with several nice big fat channel sand crossing the closure.
2, Info on possible installation of production facilities on Snatcher discovery.
3, Info on other prospect defined by the 3D dataset.
According to the Jan 09 presentation the seismic data should be completely processed by end August.
Let hope for the news hey
cheers
PC43
ITC Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held