VIL 0.00% 1.6¢ verus investments limited

announcement out, page-25

  1. 929 Posts.
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    My take on it - given the connections with GGP with the new director, they will arrange a farm out to GGP for part of the Fausse Point exploration and get that started again soon. GGP pulled the pin on VIL and bailed out of FP - I believe because VIL could not provide the funds for further exploration. With SD find for VIL and the great prospects GGP currently have - I see a JV or even a merger is on the cards.

    IMHO
 
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