Mental.
VIL has over $1mil in bank. Income of around $1mil per annum.
Bongo 1 is funded.
Bongo 2 may cost around $1.5mil to drill. VIL only has 10% so presumably it will not cost much to participate.
SD is funded.
FP2 should be farmed to give VIL a 50% free carried position.
Why do you envisage the need for a cap raising?
Please elaborate.
Not investment advice, just my thoughts.
Miki
Ann: Project Updates , page-5
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