It's not "fantastic" news and I don't think anyone is saying that. It's a progress report and they are still testing. Simple as that. Certainly not bad news but no doubt short term traders relying on credit to make a banana sandwich will have to sell. The herd mentality will rule for sure.
I'm a buyer of VILO below 1c and would be prepared to buy more VIL at 4c. If that opportunity does not present itself, I continue to hold. Now, I'm off to Brookwater for a quick nine holes. Not a cloud in the Brisbane sky this morning. My broker has my instructions. Good luck to all.
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