I think the smart money now realises that these guys are the real deal. Proven at Beach Energy and building something from nothing at Vintage. Quite remarkable in a very mature industry with most basins drilled out. Surely this shows the market has finally woken up to the fact that these guys are about to update their reserves at Vali by a fair bit. How much does the Toolachee hold is the question. We will hopefully find out soon.
2022 for VEN. The spark that lights the fire, page-31
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