VIL 0.00% 1.6¢ verus investments limited

I agree with the view that VIL will complete a cash raising. As...

  1. 141 Posts.
    I agree with the view that VIL will complete a cash raising. As is known they have less cash and cash flow than GGP, although on the other hand they have less fingers in different pies.

    For FP to have a second well VIL will need extra cash, or alternatively relinquish a percentage of the possible prize from a second well...Either way the share price is going to be pretty soft until further test results are received and cash flow from FP1 is realised.

 
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Currently unlisted public company.

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