RE:RE:RE:RE:As I said before, inventory is an big problem with VET.A few more points about reserves. What really interests us as investors is the reserves value (usually calculated as net present value for future cash flows discounted at 10 % per year ) The reserves value should then be compared to the share price. This is what we will see next week , so I will defer commenting until I see the numbers. Nevertheless , I believe the ratio of reserves values to share price will conpare very favourably to other competitors, depending on the pricing that is assigned to those reserves. Eric Nuttal , for all the wealth he now controls, appears to be doing his evaluations on a back of the envelope method. He should hire professionals , to sift through the reams of competing info. Only then can he really claim to be an excellent stock picker. Check it out but his returns last year were only average compared to the overall returns for the sector that he covers !!