I think whats more likely is the company is pretty much out of cash, they cant raise capital and have one last shot which is FP that needs more cash.
Then the operator has left (GGP) and so they need a new one of those too.
To be fair though that might actually be a good thing. A new operator will be full of enthusiasm to drill. However finding an enthusiastic operator willing to throw cash into something in this climate is about as likely as VIL being able to raise cash.
Bit of a catch 22.
Vil has been at 0.1c for a long time before. I wonder if it will actually go under this time.
Yep i still hold. Dont know how to sell. lol.
Dumbest investment ever.
VIL Price at posting:
0.1¢ Sentiment: None Disclosure: Held
