VIL 0.00% 1.6¢ verus investments limited

5 mil dump 5mil offer at .9c ? , page-19

  1. Osi
    16,203 Posts.
    lightbulb Created with Sketch. 201

    I note GPX:PZ closed up 2.7% on lowish volume. ADX & XST remain stable. Thus no clear signs of any leak. Casing cement needs to have cured and I don't know how long this will have taken.

    Not being an expert I can only assume that any significant gas in the mud will only appear after the non porous shale seal is breached .... so until this happens there is probably no information to leak anyway. I have no geology quals and stand happy to be corrected ... but I did live through FP-1 lol.

    As I noted on the ADX thread, the operator can ATM time events to suit a post conference approach to the market. How much diluton may occur will be proportional to results.

    cheers
 
watchlist Created with Sketch. Add VIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.