It is my opinion that VPE is essentially run by the ex-QGC guys and the focus is on proving up the CSG. I believe there is a chance that VPE have taken a stake in ITC so as to still have access to some oil revenue via their ITC holding but there remains a strong possibilty ITC will end up with 100% of the oil assets and then VPE is a clean CSG potential takeover target. Just my opinion and of course I may be off the mark.
ITC Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
