VIL 0.00% 1.6¢ verus investments limited

selling on news ?, page-25

  1. 286 Posts.
    Wow thedoors is it just me or was there only one fullstop in that entire post lol.

    Almost killed me as i learnt to draw breath at a full stop when reading.

    Had me gaspin for air midway through :)

    Oh well pump and dump was inevitable. Unless theres some significant improvement to flow rates thats where the market has decided it needs to be.

    Certainly werent dissappointing flow rates just that we only owned 10% of them so couldnt expect the SP to explode from Bongo alone. Anyone whose been in this share for the last 3 months should know that. Bongo is just there as a little insurance, something to stop this company going under any time soon and its done that.

    As i am comfortable holding this stock till at least next April im happy knowing that the chance of me losing everything with this speccie is much less now that we have another flowing well.

    I cant remember exactly but i feel as though i read somewhere in an Ann that they intend to have this well up and running by end of January??? can someone confirm that?

    Be interesting to see how much it all gets spruced up by the A'mac on Thursday. So wish i could go to that meeting... Also im assuming that the 700k raised would have been purely for costs of turning Bongo into a producer? See its questions like these that need a definitive answer on Thursday. Who said they were attending?

    Also someone noted that it was mentioned that FP2 has been put on the backfoot till probably Q1 2011, im guessing the concept behind this is to either earn some coin from Bongo to fund it or possibly another CR once Bongo and maybe another well at that field has been spudded raising the SP a litte? Another question for the AGM.. I might start up a thread compiling a list.

    Cheers


    Keep smiling.


    DYOR. Nothing i say is fact. I barely remember my name most the time.
 
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