VPE
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0.00% 41.5¢ victoria petroleum nl

Hi Tui.Cap raised funds will cover much new drilling on the CSG...

  1. Jess9
    1,711 Posts.
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    22/11/10
    19:29
    Post #: 7509565
    Hi Tui.

    Cap raised funds will cover much new drilling on the CSG permits. Where does this leave VPE re CSG cert on the BG permits now? Are they likely to issue an initial reserve next (I understand this was due already) and then add 3P AND convert 3-2P in 2011?

    A CSG cert would certainly float VPE share price next. My guess is this is on the cards, based on recent market interest in VPE.
    VPE Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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