But in saying that we must look at what has happened here. If SD had of come in, we would not be in this position of having to farm out part of FP. I actually think it was prudent of the directors to wait and see what the results were of SD. I can put no blame on the directors of VIL for the results of SD. I do however put alot of blame on ADX for hyping this apparent discovery up by releasing what has turned out to be total fabricated lies. Their constant talk of onshore production in Tunisa also sucked the directors in of XST, i bet they are really pissed at how this was ramped up and then for there to be completely nothing is beyond belief. So many questions remain unanswered, what happened to the 30m live oil colum. Clearly ADX had no idea and were only clutching at straws and managed to suck a few other companies in to pay for it all. I really hope VIL still owes ADX some money for the drill and they tell them where to go. I would never believe a thing that came from ADX again.
Anyway, that`s my rant over with, and considering i have lost way more than anyone else on here that has mentioned their losses, i think i`m entitled to it, lol.
Now looking forward, maybe i`m an eternal optimist, but i kind of feel that the longer it is taking to make an announcement, the better it might be in the long run for us shareholders. Now before you all jump on me and say i`m mad, which i maybe, Greg Lee knows that we will be wanting some blood for where the share price is at the moment. Therefore i don`t think he would be stupid enough to only put out an announcement that did not give a solid forward plan regarding FP. We have to remember that our backs are against the wall now, but i`m hoping he dosen`t just take the easy way out and except the first low ball offer of a farm in by a company. If it takes him more time to keep a better percentage of FP, then that is a good thing. Anyway, like all holders, i`m frustrated but have been in the game long enough to realise that sometimes things do take time for a better result. I`m not making excusses for past hold ups regarding FP only since the deceitfull outcome of SD.
Regarding FP, i hope they drill the shallow oil target first. If that came in, then we would be all smiles again.
Regards The Tinhopper
VIL Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
