Even with fluff & bubble around looming spuds you'd think there's more hype value in this - markets cynical & scared - so specs are getting hammered.
Facts:
Bongo 2 found hydrocarbons - better the B1, we are waiting on flow rates. They are already planning B3 (and is part of a 6 drill programme)
SD - imminent spud (a couple of days????) into a very very large potential, in known producing surrounding acerage. A sniff of oil as we drill into the multiple zones (shallow & deep) will create alot of interest
LP - imminent spud (a couple of weeks) with a self proclaimed 50%-66% chance of sucess.
FP - over it, blot on the report card, caused alot of second guessing management etc - but it could happen soon.
Again 0.8c - your kidding!
VIL Price at posting:
0.8¢ Sentiment: LT Buy Disclosure: Held
