VIL verus investments limited
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Copying an ADX post.Assuming recoverability of 35% = 1.7 million...

  1. CmonCDR
    431 Posts.
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    10/11/11
    09:56
    Post #: 9266049
    Copying an ADX post.

    Assuming recoverability of 35% = 1.7 million barrels

    Net proceeds after tax to govt and getting the black stuff out of the fround may only be $15, therefore worth $25m. Share price should rally hard, however, still need to confirm the resource.
    VIL Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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