VIL 0.00% 1.6¢ verus investments limited

letter of demand, page-26

  1. 942 Posts.
    Yes you are right. I should have checked first. Last weeks ann re receiving the bids and then choosing them was price sensitive. Revisiting the last ann still doesn't mean that they will tell us anything until next month:

    "Subject to clarification of the submitted bids the full technical and commercial evaluation is expected to be completed by 15th December 2011. Internal ADX, Joint venture and ETAP approval for award of the contract is expected to be received around early January. Following approval, the rig and equipment will be moved to the location and the well prepared for testing."

    So they won't have approval until early january. We will probably hear till then.
 
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