she is loaded, page-63

It is clearly evident that the zone tested is looking very very encouraging.

What that means is that rather than having to test 3 zones to determine if this well is commercial - it is likely the first zone will flow commerically and hence a TH could happen end of this week.

This scenario is possibly the best outcome.. and one that I eluded to last week. Thats one difference with GGP/VIL... everything is going exceptionally smoothly and surprising on the upside everytime. Delays are minimal and the results really do speak for themself.

Having a commercial oil and gas field is absolutely massive. This could put cashflow concerns in the shadows for years to come and put GGP/VIL into a strong position to grow FP and also purchase additional permits in the future as we will be cashed up.

IMO the SP so far does not reflect the commercial oil and gas.. once confirmed a true re-rating will occur. And it is slowly building up to those prices. With a potential TH later this week... the SP is only going to get hotter by the day. We can easily see a 100% return on 7c in the next week. That will be too much for people to not want a piece of.

Also it is important to note that this mornings dump was necessary for the next leg up to eventuate. Profit takes were always going to move in - it was only a matter of when. Now a solid base has formed, first at 6c and now it has moved up to 6.5c.

I still believe there is going to be a rush for shares sooner rather than later. The thought of buying an oil and gas producer at 6.5c will be too much for people to sit on the side lines. A 15c price target is within sights over the next couple of weeks.