VIL 0.00% 1.6¢ verus investments limited

merg stamp, page-2

  1. 286 Posts.
    As much as id love to believe, beleive, i think that the market has priced the merger into the SP already :(

    The only thing that will see our SP move north is bongo producing, FP producing, silverwood producing more and post CR for FP2, then FP2 spudding.

    What do you think is worse for our SP, a CR to us the public, CR to SI or farming out some of FP to pay for FP2?

    I cant see current holders putting anymore money into this. I certainly know that i am up to the neck in VIL already.

    Also i dont think we can take much more dilution from SI. I think maybe farming out 15-20% of FP2 might work out the best. What do you guys think?

    Also any idea how much FP2 will cost? What was the total cost of FP1? about a mil? As i know it we have about 400k in the kitty although im sure a fair chunk of that is earmarked for wages.
 
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