Guttedsquid..i'm considering buying back into ITC so going...

Guttedsquid..i'm considering buying back into ITC so going through the threads etc. The 40 million isn't 2P reserves so you can't/shouldn't apply a value of $20/barrell. If you did the whole oil sector would jump substantially overnight as many companies have 3P reserves that aren't valued anywhere near $20/barrell.

I'm looking to buy on further weakness, sub 5cents, ideally mid 4's.