RE: RE: good to listen to They are talking about acquisitions at the same time they are starting 2 drilling rigs. Cash flow will be at the low end of projections based on pricing assumptions and Vero has always had a propensity to overspend. I believe that this worry, along with the general market sentiment about Jr oil stocks has resulted in VRO trading where it is.
I would once again hope that management focuses on the point they mention at the bottom of page 4 of the presentation. Any evidence that they are letting things get out of hand like they did this time last year should be called to their attention in no uncertain terms by shareholders. We should know how things are progressing by the Aug 8 AGM