It`s certainly getting to the exciting time for VIL. This well is really make or break for them. Sure they have FP to fall back on, but that will then take another raising at rubbish levels to fund that.
It was what seems like ages ago now that i said VIL would wait untill they have results of Sidi before progressing with FP, and i still think that is the case. I`m sure the directors as well as shareholders are hoping for a great result at SD so then money can be raised at a much higher level than what it is now to fund the progression of FP.
FP may be in time be a great prospect, but for the immediate future, VIL`s future, relies 100% on a successful outcome from the testing of SD1.
The speculative oilers are due for a win, and this is certainly on the speculative side, lol, so best of luck for all holders.
Regards The Tinhopper
VIL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
