The announcement today makes it very clear that there won't be any more drilling activity in the near future. At least until decision is made when FP#1 is fully tested or keep as a production well.
The JV needs to to test and run the bottom formation long into production for sustainability production testing.
I am told, considering the required production infrastructure to be built and hook up to the well which could take months. I am sorry to say, but a few weeks holding VIL with no news is a very long time for some investors. Today recovery may be short live.
I am willing to have another go at the low 3c levels just for having some funs trading this, but won't hold it atm. Good luck to all longtermers!
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