The only source of finance is the USD 10mio available through the issue of shares to Truestone Capital, are there any others?
CR at the current price would seem a little hasty given the potential positive news to come from FP in the near term, however they have stated that this is one of the reasons for requesting a trading halt.
Hope everyone enjoys the wait. I am wondering whether they may be joining Pass Petroleum in Thames/Amazon prospect.
The only certainty I will bet on is that we won't know the details until next week...be nice to know though.
VILO - I think these are dead and buried regardless of a credit raising or not...I am happy to be wrong though for the sake of the current VILO holders.
Dis - I hold GGP and GGPO. I used to hold VIL however recently had to liquidate at a small loss.
VIL Price at posting:
2.8¢ Sentiment: LT Buy Disclosure: Not Held