Ann: Vali Reserve Upgrade, page-61

We are an Oil and Gas exploration company .
We flourish or fade according to the high risk high reward results of drilling holes in the ground .

Even though 10 cents seems a long way away at the moment a good discovery at Cervantes would get it in easily .
We should be somewhere between where we are now and 10 cents even before the bit begins to spin at Cervantes.

Happy forum today , glad Boysy1 does not hold VEN shares , lol .
After VEN had it's run based mainly on all the Cooper Basin news I thought that our turn would come after the quick turn over investors from the CR had taken their profits .

Happy that the Chairman and management that gave so much support by buying shares before during and after the credit raise are seeing their investment flourish too.

Given the present share price and the upward trend I would expect an Announcement soon that they will list the 4 cent options .

The in the money 3.1 cent options should hit those accounts that took part in the last CR soon .