Hey @ink , Spot on mate , I would also imagine all these figures being tossed around ( Valuation ) would increase considerably with any sizeable resource upgrade hey
As per Yesterdays Interview "Simon Youd's Explains" Now we have acquired Adidi-Kanga , we can now share a lot of this information ( 160 Giga Byte ) over the coming Days and Weeks. I think shareholders will find it very exciting Youd's explains !
So the presentation today , whats next !
As Quoted by Simon Youds at the AGM.
A: However in other parts of the license and still very close to this area there is drilling on a 100m and 200m still spacing and in areas which are not included in the current 3.2Moz JORC 2012 indicated and inferred resource.
Simon Youds Quote: As part of the work VEC has been doing over the past several months, their resource geologist has been going through the drill and geological database in much much more detail.
Based on this review VEC will be looking (very quickly after the acquisition is completed) to release an updated Exploration Target based on this review, to give it's shareholders a broader indication of the overall size of the gold potential on the Adidi-Kanga license.
Ps. That was a very informative presentation , i can not wait to see what next Week brings mate ! Enjoy the Weekend , VEC just started Yesterday
VEC Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
