VIL
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0.00% 1.6¢ verus investments limited

Melua,Ever heard of farm out? Or funds held? Or cashflow from...

  1. miki29
    700 Posts.
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    16/06/11
    22:04
    Post #: 8549395
    Melua,

    Ever heard of farm out? Or funds held? Or cashflow from existing wells?

    FP2 sidetrack supposed to be K$700. VIL has more than that in the bank.

    Why would they want to dilute their 72%?

    This coy has to start producing revenue, not diluting shareholders interests.

    Miki
    VIL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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