Goodmorning all and slampoil. Well I was successful in my sell and buy post back several months ago,re itc but thanks to further wet weather for share decline. Vpe has a new broom although I do not own shares they are a different aspect for me now. I am in NZ and have limited internet access as on yacht but read with interest the various posts by many of you. Slampoil I know you have knowledge of the Canning basin and more and more interest is being shown in shaleoil in Auss. Nse and bpt and others. Its another unrecognised value of Impress. My only worry short term is if as is likely we get a prolification of cyclones and further delays to the drill program of the JV. We intended to sail to Fiji but plans are on hold at the present because of the likely scenario of cyclonic activity. Its not a fear but a strong possibility. Long term I can not see a more honest small company; without big fees and bonuses and options being dished out like Vpe was to JK. The unknown is weather and the ability to get the oil out of the ground. I hold a substantial ammount of ITC as a longer term investment..unless we see a takeover. Santo's is very aware of the potential but it is unlikely any of us will successfully predict who and when. All the best to all 247
ITC Price at posting:
5.7¢ Sentiment: LT Buy Disclosure: Held
