What I think we are seeing here is 2 companies holding cards...

What I think we are seeing here is 2 companies holding cards close to their chests.

I still think VPE are wanting to with hold info for there own gain - ie having a crack at ITC. The only thing I can;t work out is if they are going to have a go why not now - who will want their script so they should be edging towards the 20% by buying on market.

On the other hand I feel Greg is conservative and generally doesn;t let too much out of the bag.

I also think some of the secrecay is born about the Snatcher stuff due to confidentiality and and the market importance of the Charo field.

There is many things at play here. I have said it before - if the oil price holds or indeed strengthens when the stars align this will pop quickly and hard and you need to be there for that or you miss out.

ITC is now an investment not a punt.