Hi all..Monark, I like your chances of a doubling over that...

Hi all..

Monark, I like your chances of a doubling over that timeframe.. I am targeting something similar.

Interesting to see in the VPE presentation that they have increased Snatcher to 2million barrels OIL from 1 mil in the last presentation and value it at $20million, which is only 6c for VPE but would be an impressive 2.5c for ITC. I think the day trade punters have missed or chosen to ignore the upcoming Growler-6 next month followed by G-7 and the others.

This is actually good for those of us happy for ITC to firm up its reserves and production prior to any takeover offer.. which will undoubtedly come.. who knows from where..?? Beach, Cooper, VPE.. others? Perhaps ITC will not exist in 6-9 months time..

The 3D targets identified will be very interesting too..

Cheers
A.