Lachmap, all well and good and thanks for the post but to be honest we are all in this for the oil play really. Gas kick was excellent but Oil was really bad. I say this with understanding of the choke (NOT COKE GGP) LOL, and realise this can change over the testing period. BTW, when I saw coke instead of choke I had a deep down desire that they ommited a 5 prefix before the oil flow rate. One can only wish...
I have to be honest and even though I have topped up on VILO today and did NOT sell my VIL, I am very nervous. I note 2 red flags. 1) Annoucement advises and is not "pleased" to announce & 2) most of the research I have done indicates that good oil flows are from the offset (in appearance). There seems to be rare occasions where a low rate will increase (especially after 3 days of testing). The reason I am holding is all those comparitive test results do NOT indicate time span of when the rate became productive, only intervil of testing in hours to measure BOPD and on average took at least 4-5 days to announce. Come Friday US time I will look at extending my round trip express train or jumping out the back window. I am still confident hence my purchase today but I have these red flags and this is also evident by the share price. Fortune favourse the brave!
Sentiment: Buy if u can spare the cash, hold if u cant BUT dont sell yet. As I said in comparison u have to give them at least 5 days of testing. I have seen some testing that went from circa 80 BOPD to 000+ in a month of testing so there is no exact formula.
ColdH
VIL Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held