VIL 0.00% 1.6¢ verus investments limited

25 c valuation, page-4

  1. 7,746 Posts.
    If the well is in production for 2years(as an example), would you then divide those back of the envolope calulations by 2?

    ie 30-40c/2=15c-20c?

    With positive results thus far, i guess we should be hoping for a resource upgrade. The 25c revenue seems conservative, considering oil is doing OK. $70 v $50. And we could find the grade we hit is higher quality and higher price.

    Best chance is that after VIL/GGP know more, from logs etc, they may revise the 25c up. I suspect low cost means your 15c is a bit too much overall.
 
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