In order to post we have to rate it and declare holding. I would...

In order to post we have to rate it and declare holding. I would say that at the right price this is a buy, but that the present price is too high.
My calcs say that if these wells don't decline they have a payout of over a year. If they decline at a reasonable copper basin rate of 30% pa they don't pay out for a long time.
I'm waiting to see what the long term production profile is before I put any more money in, as I suspect VPE and ITC are too.