valuation

Hi all.

Do not read me incorrectly on this post......I too am dreaming about 20c+ evaluations!!

But that's just it....I think unless VIL hit a 'gusher', we are dreaming to think of 20c+.

Let's face it though, when have Co's ever NOT overplayed and pumped their hands?

Doing some comparisons with other oil/gas producing juniors, I am thinking even if they manage to pull off the best case scenario...VIL will be fully priced with a Market Cap. of around 5X present at 65-70 million AUD....making 12-13c per share the upper limits/best case scenario?

Anyway, just my observations and I am in the oppies for all I can handle at .0045c average.

Happy to be proven incorrect or be shown otherwise....and by being shown otherwise, I am not meaning provide me with a link to VIL latest presentation with the nice bar graphs and 'own publicity' pricing ;-)

Should be an interesting week leading up to the (hopeful) announcement of drilling commencement.

Cheers.

K