VIL are an investment company, right?......Wrong!
All the investment coy's I know of, diversify their interests.
So, by investing solely in O & G, by default, they are exclusively an O & G exploration coy who outsource their expertise requirements.
Here's a thought. Instead of hiring a $200k a year director, how about we hire some one who actually has some hands-on experience and can prevent the coy from being led around by the nose!
Did Greg Lee really have to go to the US (presumably not cattle class) to have the 3D data explained to him in layman's terms just so he could relate the story to the other knuckle-heads on the board? (maybe he had to actually look at dirt at FP while it was explained to him, who knows?)
I note that at the time of writing GGP have gone into a trading halt. I wonder if they have taken a break to actually learn how to drill for O & G.
Bring in some permanent expertise now, before we are delisted.
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