RE:Tax Breaks In the North Sea ......Crow Agree with the perfect storm points. Unless I am mistaken, I think that once the decisive break out above $2.80 occurs the first breather is likely to be nearer $5 to $6. Once the additional - post first oil - wells are drilled for the GSA hub in 2015 (and/or other developments/acquisitions) it is then quite hard to make a case against the share price reaching $15 relatively quickly. I also think that Ithaca's board will fight tooth and nail against any takeover just as the mighty Kentz did last summer (Amec bid) and that is what I want them to do given the above. Doug