It does a lot more than say what we already knew. I had a list of questions I wanted to get some answers on and was getting a bit frustrated at no response from directors. However, I am now very positive on the statements made. While there may be a capital raising down the track, the indications are we will see a substantially higher share price from the real production testing on the bottom zone. The perforation density was low and there may well be additional length perforated before the next test. Reading between the lines, I get the feeling that the short interval of perfs and the low density was restricting the flow and the potential is greater than we are currently aware of. This is very bullish. I move back to a buy position here.
VIL Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
