Interesting to look at VIL's total income from the pre report. Something aroung $50,000 which one would assume is attributable to FP's lower zone.
Then, with the merger signing we have 10% of 250 bopd, 300,000mcf from bullseye.
So we're starting with 25 bopd. Pretty small.
But if we can get 300bopd from FP1, another 300bopd from FP2, 75bopd from Silverwood, 40bopd from Bongo, 40bopd from Bowtie and any cream; plus significant gas...
On a daily production rate is US$20,000 profit a realistic figure??
Is shooting for 1,000bopd comprehensible??
VIL Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held