VIL verus investments limited
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  1. jakel
    465 Posts.
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    14/05/13
    17:21
    Post #: 11762752
    Typically what happens now that there is a new board and consolidation they will announce a rights issue to raise money. Iam guessing they will get a couple of mill in the kitty and look at getting some assets using equity?

    Whats to happen with Faussie Point? Could there be some deal done with GGP to JV in their Permian Basin acreage? This is purely guess work and not advice as its been so long since VIL have done anything.
    VIL Price at posting: 5.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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