30c is patently ridiculous, but Sidi Dhaher is a huge gas/oil play....
IF it pans out as expected, VIL with a 10% farm-in, should run comfortably into the 3.0-5c range.
With the spud 'imminent' and Libyan situation approaching resolution, the next few months could prove pivotal for long suffering VIL holders. A revenue stream from SD will no doubt impact on the Fausse Point farm-out discussions and may even negate the need to do so. Fingers crossed....
VIL Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held