VIL 0.00% 1.6¢ verus investments limited

in pr, page-33

  1. 1,170 Posts.
    they need to get cashflow as quick as possible. theat means FP sidetrack drill needs to happen real soon; and they better get the FP operator (GGP) to organise a rig real soon. IF there is oil that can be sucked out of FP then we have the tie in lines there so cash could happen quickly.

    With the above happening I hope management are clever enough to realise they can get an ordinary debt finance loan from the local US banks to fund FP2 etc and not screw us again with SI cheap shares.

    Once SD is drilled and if there is cahflow in the coming months then we have 10% 2,200 sq kilometers we need to start drilling.

    I truly hope they look to do a share buy back when we are cashflow positive....
 
watchlist Created with Sketch. Add VIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.