I agree with the statement about VILO being a risky option, but when you consider the fact that these speccy oil plays often treble in value in a matter of days or weeks on the back of a successful drill. I feel that there is good value here with VILO. It all depends on whether you believe a successful VIL strike now will treble the current head price over a six-month period... if you do think that there is a very good chance of this happening then this could be a real multi-bagger with much more upside.
VIL Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held