Marky. I don't understand how you can refer to "missing oil". The oil they found was sent to the laboratory in London for testing, remember? Unless the laboratory has lost the sample it is not missing. There was no other oil - apparently. (I know sarcasm is the lowest form of wit, however, what else can one say?)
In my opinion, ASIC should be asking ADX about their announcements. Once VIL decided to invest SH's funds into ADX, VIL and its SH's were always captive to the actions of ADX.
My take on the SD progress (not sure how you can call no progress, progress??????) announcement is that it may happen or it may not and it may take another 3 years to happen/not happen. In that case, GL's wages will erode all of VIL's cash by then.
Not a good look IMHO.
Sorry for all SH's still in. Sorry for my massive loss too.
Only commenting as an interested observer, not sour grapes. As I have previously posted, if all wells had of hit, GL and directors would be heroes.
Miki
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