RE: Ithaca Acquires Shell and Esso InterestsTO1, Thanks for sharing your thoughts. I think the question on everyones mind, including mine, is how they are going to finance all the appraisal & development drilling plus development capital cost for the multiple projects they now have on their plate. They certainly would not want to dilute at this paltry SP level. There is certainly a high growth production profile ahead of them if they can find creative ways to finance it all.
I hope they supply a good presentation for investors to explain how this acq fits into the plan. Cheers!!!