Income stream is approximately 70% of the income you get by banking proceeds of selling 370 mill shares and drawing interest Except theoretically one can sell the shares and have a cash income stream for ever. My understanding was Silverwood was a first right of refusal only not a fixed option so is this really worth much. So are the remaining prospects worth what we are giving up in Bongo. I think not and will vote against knowing it is farting against thunder and a reversal incurrs a 500k penalty. Main company maker is still FP. The rest with a cynical outlook have been more about securing a future for directors than shareholders.That said Bongo has worked out very well.
VIL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held