Ann: Response to ASX Query, page-32

this thread was supposed to be for comments and opinions on the "Response to ASX Query."

I provided my opinion on what I thought of the announcement and was then attacked by relentless down rampers. Consistent name calling and hurling abusive comments against anyone who dared speak of any shimmering light of hope in the company, in my eyes is bullying.

If there is anything I have learnt on Hot Copper, it is these ruthless people that are the same as directors who conducted fraudulent activities for personal gain. Mum and dad investors often read these threads.

what is this consistent questioning asked of a poster who shed a bit of hope whether they work for the company or whether they have connections with the directors of VIC? this seems to be a standard response by these people.

the BOD got a slap for not notifying ASX and shareholders of certain affiliated transactions. the announcement acknowledges the slap and will now adhere to the notification and shareholder approval process going forward. the cloud has opened and now we know more about the ASX saga.

The acquisition seems to be put on the back burner (maybe for later). Not sure if this is a good result or the acquisition would be better for the company.

land access negotiations progress update provided. This land access partly explains why VIC hasn't been able to drill yet. greedy landowners always want a lot of money for any kind of access licence.

Procurement of shortlisted drillers completed. Normally these procurement actions have preconditions imposed on them such as landowners approvals for access, financial approvals and BOD approvals.

We all invested in VIC because of nearology, there is no doubt about that. we all jumped onto the new energy storage band wagon. the risk is high but the benefits may be tremendous. This is the risk and benefit balance we all took when we bought in.

Good luck to all and please have a merry Christmas.