eddie stirring the pot at vpe, page-5

Remember Tui that what you pointed out is twenty years in the making. The whole Cooper project which ITC shares has been held up by VPE and their operations. Most of the poor clean ups on the successful wells are due to the poor performance of VPE as operator.

ITC now control the exploration side of things in the JV.

If you read more about Eddie Smith there isn't too much that has failed. 500 mil shares on issue is not the governing stick. Exploration plays with ltd cash flow always have their hand out. No money no holes.

Control of VPE by ITC interested parties is a win win situation for the J/V

It would be interesting to see the view of RPM.