I’m watching VIL again today. Massive volumes yesterday on the back of the following update:
“It is expected that the well will commence drilling by the end of the week and is anticipated to take approximately three weeks to drill and test.”
It appears a few are getting set ahead of the spudding announcement and any potential action if yesterday’s move is a guide. For me speculation is a huge driver in stocks and with so much potential upside based on the valuation seems like one to add to the watch list.
I would expect with a day or two left to potentially get onboard ahead of news that we should see a big finish to the week. Fingers crossed of course but I still have a short term target of 5c – no guarantees in this market so please DYOR. Good luck today guys.
