VIL 0.00% 1.6¢ verus investments limited

Hitnmiss,Yes we do know what is down there, its oil and gas...

  1. 445 Posts.
    Hitnmiss,

    Yes we do know what is down there, its oil and gas (hydrocarbones)- we are already producing them. The only thing what we dont know how significant the reserve is.

    Read ALL re anouncements over the last 8 months and you will find that VIL has used all the phrases in their wording they are entitled to to ensure SH confidence

    such as

    "100% success rate", "extremly confident" "exiting new play" "best possible outcome"

    to name a few...

    Secondly, the hole is NOT finished but currently been tested for ONE of its upper payzones.


    Best of luck: KM
 
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