VIL 0.00% 1.6¢ verus investments limited

important question

  1. 1,593 Posts.
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    Hi to all the experts, who understand Gas & oil drilling.

    At this stage VIL has hit 6800 units Gas prior to OIL target.

    Does that mean

    1) There is now more chances of hitting Oil (say 90%)

    2) Even if there is no oil below, can VIL still make money off the Gas, so the SP is around 8C ?

    3) Is the Heads / Tails scenario Over now, or is it still very risky ?

    Thanks in advance, i know no one can predict the future, but experienced opinions appreciated
 
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