VIL 0.00% 1.6¢ verus investments limited

next week's announcement on fp1

  1. 81 Posts.
    I just wanted to get a feel for what everyone is expecting in next week's 'we are in production' announcement?

    I get the feeling that some are expecting this announcement to show massive increases in flow rates.

    For me I am expecting a simple "we finally have production facilities completed and are looking to now test further this lower 10 foot zone to a stabilised production flow". Which is a milestone.

    If they put out a flow rate I imagine it to be an initial flow but very similiar to previously reported (which may mean a little sell off).

    I would like added to this a timeline on when/how they will be going about testing FP1 (lowest first, but what about the upper zones) and the use of seismic in determining what they are expecting to see when they drill FP2.
 
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