fausse point shallow target

I strongly believe that our management, as yet, have not made their minds up about the percentage farm-out (if any) of Fausse Point to protect shareholders value.

Most probably, the above decision has not been taken, due to the discovery of a second shallow target which apparently does look very interesting with some potential of finding oil, which may be worth millions of dollars to us.

I think that the drilling of this shallow target will be examined to ensure the minimum cost to VIL, and then I hope that the most economical decision is made.

Will continue to hold, and will purchase more VIL shares, as I believe their is a lot of value at current prices.

This is only my opinion.