VIL 0.00% 1.6¢ verus investments limited

9 cents, page-33

  1. 18,150 Posts.
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    hotwolf said,

    "Well they're building the production line to test and flow Melua"

    Your statement is true as far as it goes.

    But I would suggest there are a few other factors to consider.

    The current zone they are about to test flow is possibly a company maker in the future but they have only hit the edge of it to date and apparently being a gas/condensate zone can produce the normal problems associated with these type of wells. Hence the low production figures that have been quoted to date. That's not to say once the companies fully understand what they are dealing with in this zone that it wont turn out to be a boomer for VIL particularly IMO. And to add to that, they still have the original targets which were intersected to test.

    I think patience is required for now

    I'm not trying to downramp .......just being a realist and I do hold GGP shares.

 
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