nice 3million dump, page-24

You are all falling into "the trap" !!!
All negative sentiment here today.
If I was a buyer today...I would NOT prop up the share price...since there are more settlers than buyers.
I would fix a very compeittive price for 1m or 2m @ say 2.2c and see if I can catch a big fish !!!

You guys think this management are incapable of reading between the lines.

They don't want to "cap raise" at 2.0c when the last cap raising was at 3.5c. They don't want to dilute the shares any more than you do...we are sitting on a "black gold mine"...even at 400 barrels per day...that is $1.2m per month.

THIS IS A HARDCORE PRODUCING ASSET...MAKE NO MISTAKE!!!

IMHO...I wouldn't be surprised if management do some lateral thinking (I would...if I was in their position) and see if they can raise the necessary funds without a cap raise.

When I had an interest in VLA 2 years ago Dec 2009/Jan 2010...they ran out of money...and everything was "doom and gloom' and the next thing they came up with this $6m or $12m "credit note thing"

The heads went from 4c to 11.5c in one day and the (4c strike) oppies VLAO...which were about to expire...went from 1c to 7c on the same day...the 7 bagger I made on the oppies that day was the biggest ever one day haul I ever did!!!
So cheer up...
WE HAVE:
A very good company
Very good managment
Very good assests
About to produce...BIG TIM!!!
But shortage of cash

What would you do??!

Shoot yourself in the foot...jump off the cliff...head for the dunny...

NO NO NO !!!
Figure it out !!!