ITC impress energy limited

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  1. 13,050 Posts.
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    wipeoff/others: It is of course impossible to foresee the future... But my guess is that in 3 - 4 months time nothing will have changed much for ITC, i.e. the sp might even drift lower to the 4c area... (This, of course, assuming that there will NOT be any attempt to buy up ITC in that period).
    In the new year, it will depend largely on the swiftness and success with the new drillings - swiftness of bringing back up to production the existing assets and success in the first few drills for additional volumes. I would hope that by April 2011, a much brighter picture will be present (again NOT assuming new heavy rains disrupting yet again)! By that time, shareprice should hopefully be (much??) closer to 10c than the 4c level.
    All purely JIMHO, of course.
    I shall hold onto all my ITC shares.
    wasa
 
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