At .005 cents per share the market believes that VIL has reserves of app. 450,000 barrels oil from all its projects (FP, SD and small producers)and $1m cash (to total $8m market cap)
I believe that VIL have more like 2,000,000 barrels from FP and SD, I would love to say 7-8,000,000 barrels but I think that is a bit too optimistic and I dont want to get hopes up.
This company will never be 'big' but I think we should see 1.5-1.7 cents per share over the next 6-12 months.
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what next?, page-25
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