decisions for share/option holders, page-7

Thanks for your comments Tui..

I guess its just my frustration at the timing of the latest capital raising..when it was pretty much guaranteed that $15m would come into the company by the exercise of 'in the money' options, the share (and option) price has been killed. I'm not planning on selling out, but I just don't know that I want to over expose myself.

I too see the long-term value, although quite when VPE will actually get some benefit from its cerified reserves I'm not too sure. It does seem as if they really do have a good understanding of how the Cooper channel sands should be drilled, given their string of successes. I would be de-risking future plans.

Daily volumes remain modest..it'll be interesting to see if liquidity picks up post 31 Jan.

Cheers
Jethro