Vali 1 will be selling the gas from commissioning in Oct, and as equipment arrives the other wells will be brought online. Given Vali is the majority of the gas we should see things escalate quickly from November.
I expected the market to price in production by now; clearly I am incorrect. People believe they can park money elsewhere until late September or there is still risk of further delays.
I say it is easy to be patient and we will be rewarded, but unfortunately we are emotional beings.
VEN Price at posting:
8.0¢ Sentiment: Hold Disclosure: Not Held
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