Significant re-rating on horizon, page-62

I think all holders can agree that VIC has a miserable track record. However in this instance we are on the cusp of probably the biggest energy disruption event we have known. So for all of VIC managements past mistakes this has the "potential" to be a success "IF" the drill results are good. If they have to go to market for a credit raise to drill then so be it, that is the game.

They wont go to production, this management team don't have the experience to pull that off, but they will be savvy enough to employ the right people to determine if they have commercially viable JORC resource should the drill bit reveal what we "hope" it will.
It would then be taken over for somewhere between 4c to 10c in my view, grade dependent.

Management do have "self Interest" a very powerful emotion, which has enabled humans to do amazing things both good and bad as history has shown, don't discount it, these guys want to make money as well. They certainly have put themselves in a position to make a LOT of money if the drill bit reveals high cobalt readings.

AUZ prior to Sconi have a lot of skeletons in their closet as well.

Everything hinges on the drill results if it's poor we all lose, good we win. Its that simple from this point.

And all the fear mongering about credit raises etc. well that's the mining game isn't it ?

VIC do the damn credit raise, drill the living daylights out of Husky and Malmute, lets see whats underground and holders can either get their win or loss.