VIL 0.00% 1.6¢ verus investments limited

However I suspect that in the case of 40.2c valuation, it is for...

  1. 254 Posts.
    However I suspect that in the case of 40.2c valuation, it is for all wells. ie the 10mil oil and 40bil gas is the total reserves.






    Yes nathan this is how i read it meaning all wells.

    The flow rate issue i guess will extend the life of the project and obviously slow the share price as the spoils *if commercial* will be realised slower over time as im sure you realise.

    I guess im just hoping the chairmans exuberance recently and the subsequent land purchase may mean we are looking toward the upper estimates for this project.
 
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