As Monark mentioned we talk always very positively. So what are...

As Monark mentioned we talk always very positively. So what are the negatives. Here is a few to start things off.

1. The operator - lets face it VPE are not favourites with all. ITC and VPE definitely have different philosophies on many fronts.

2. Delayed seismic. Therefore delaying drilling program. Although I would prefer Greg to be cautious punters want action ie drilling and it aint happening.

3. Many reporters are expecting the market to correct here for a bit including oil. Last night listened to a report that said opposite. Who knows.

4. ITC is still seen as a spec stock. The production levels haven't hit meaningful levels yet. This is about to change.

5. Stale punters from the crash. With 800 mill shares on issue there will always be stock.

6. VPE and ITC always comment against each other. I hate that. They don;t pull in the same direction.

7. Eddie is still crook and we need him upfront.

8. Greg is a great geo but hasn;t got the time for the pr. Greg is also very conservative with his approach.

Here is just a few to start with.