when will vil hit 20c?, page-25

melua,

im also confident that FP#1 is commercial, it would be a complete surprise to me if it is not. For me the question comes back to the flow rate.

IMO if it is fantastic, FP#2 isn't that important - the result will ensure VILO gets exercised (to a large extent) but if it is only a marginal to good well, then they had want to get FP#2 on the way asap as most traders will jump off again and you can kiss 10c goodbye for a while.

I will not go near VILO unless FP#1 is a great success - way to much risk if we are relying on FP#2 to get us over the line. I base this argument on the 3 considerations: 1. well completed by say May. 2. testing period takes weeks (as we are finding out) 3. most traders of vilo will be out weeks before VILO is off the market (25 June or so).

just some thoughts for whatever they are worth!
cheers