Baillieu Valuation of VEC, page-126

Its pretty obvious from your posting history you have a good reason to be positive, and reject and get defensive when an opinion is different to your own. Investment bias is strong with many retail punters who get emotional on speccies. I genuinely hope it comes good for you and holders, but it looks like it will be hard work to get the share price back to 1.8c, the break even CR price. Sophs not so sophisticated.

- You have SOI of over 2 Billion
- A further 105,450,000 freebies for advisors and consultants
- Anglo walked away from the area citing among other reasons, the instability and geo-political risk.

Thats just 1/2 hr research. Hate to think what else is lurking. This will be a traders stock and in my opinion will be sold into for quite awhile