Ann: Fausse Point and Verus Update , page-45

The announcement today makes it very clear that there won't be any more drilling activity in the near future. At least until decision is made when FP#1 is fully tested or keep as a production well.

The JV needs to to test and run the bottom formation long into production for sustainability production testing.

I am told, considering the required production infrastructure to be built and hook up to the well which could take months. I am sorry to say, but a few weeks holding VIL with no news is a very long time for some investors. Today recovery may be short live.

I am willing to have another go at the low 3c levels just for having some funs trading this, but won't hold it atm. Good luck to all longtermers!