where from here

Good Morning All

Firstly I am currently neither a VPE or ITC shareholder.I finally took JKs advice,If I didnt like the way he was running the company sell out.Stared selling my parcel from .43c to .32c.The best advise an MD has ever given me.I forgot to e-mail to thank him.

I invested in VPE over 4 years ago and still see this is a great company,and one day all shareholders will be rewarded for their loyality.(I just couldnt wait)

This is how I see things.

My understanding is the CSG certificates will not be released until BG has completed its drilling program.Around June/July 2010.
Once these figures are released I believe BG will purchase the CSG assets,leaving VPE with a heap of cash and the Coopers Basin OIl Fields.
What does JK do with this cash,give it back to the shareholders or buy something.I suspect buy something and we all agree ITC will be the first choice.

But ITC is Eddies company with a large shareholder loyality base to him and the company.I dont believe Eddie will except script so cash is the only way.The ITC shareholders will follow in what Eddie saids.Also there are other players out there that may want ITC.What about Beach(BPT)?

If VPE does get its hands on ITC (which I still doubt),Then the complete company will be sold off and JK can go an retire on a beach somewhere.

My thoughts only.Good to here NZOG mentioned.I picked this company some 8 years ago and my parents are still major shareholders in this company.But lets go the other way what about Southern Petrolum????

I will be reinvesting both in VPE,ITC in the next 4 months.

Shares I trade,invest,gamble???VPE,ITC,SSN,SSNO,MHL,BCC,VIL,CUL