There are conflicting stories going on between GGP and Vil about FP. There is doubt that GGP still want to drill if you listen to VIL so who is telling the truth. It is obvious that the two parties are not getting a long. This conflict plus the financial issues of VIL are further infuriating the issue. It is very difficult to believe anything that Gary Lee says and IMO is just making statements to suit the situation. For instance blaming Directors from both companies. When you look at how badly handled SD was and the excuses that were made from both parties GGP appear to have the same attitude as well. Both parties blaming each other. There is no doubt that VIL are struggling to find a partner to share the cost of drilling and therefore there will be no announcement for quite sometime. GL and the directors won`t make any announcement on record as then they leave themselves open to litigation and that is why GL will only speak in private. Evidence of this is the fact that at least two HC posters have spoken to GL only to find that what they were told did not eventuate. So once again we will have a long wait for any positive news.
VIL Price at posting:
0.1¢ Sentiment: None Disclosure: Held
