VIL 0.00% 1.6¢ verus investments limited

it was time to speak to an expert, page-32

  1. 872 Posts.
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    Actually I tend to agree with dgt in the sense that the mkt cap is a very important consideration, which your initial post (with the thousands of thumbs up) seems to ignore.

    Even if the well is commercial, its all relative to the mkt cap.

    A commercial well is one that is worth the expense of drilling the well and will eventually make profit.

    So whilst your mate may say this looks like a good well, and may be commercial you still need to take mkt cap into consideration.

    Just something worth thinking about, even if in VIL's case the current mkt cap is justified. Not worth brushing off or excluding from such a post imho.

    Also just out of interest are they going to flow the different zones if commercial together or one after the
    other?

    I'm not downramping, I have enough speccies at the mo.
    Good luck to holders anyway.
 
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