Baillieu Valuation of VEC, page-169

Welcome Eshmun, I had the impression corresponding with you assessing VEC/WAF comparisons on the ever sinking WAF would be interesting for pumpers. So I wont go into it here in too much detail. But I do offer you this much, the same posters that came to the rescue over there, are traders types long time trolling here so any new additions that may or may not offer contrarian views are welcome. Thats what its all about, a robust counter discussion.

"Typical baggie mentality that negativity is concealed positivity. Top logic there.I have already said multiple times what I want to see from VEC. Completely separate discussion.I am just calling out the report for what it is, sheet."

That is a comment on this thread calling me a baggie lol, it's from Binwood who like you is holding the bag for 6 months on WAF. Kind of funny really. The reply void of numbers that you posted about don't you think? This report is sheet!! I doubt when you are a non-holder and you have a heart you are exempt from numbers? Common sense says you do right? So if you are going to pump someone's tyres and say they present "meaningful and useful commentary that he generally delivers in a fairly unbiased way" because you also hold that stock, maybe look twice! Perhaps realise they are usually well known or perhaps stick to pumping stocks rather than individuals.

My peer comparisons with VEC ($30MC) and WAF ($238MC lol) looking at which stock has share growth potential were valid. VEC clearly a winner. Similarly the comparison on resource size and grade were direct. Here is why I said VEC will dwarf the other one and keep in mind the Adidi Kanga project has 170,000m+ valued at $520M performed by Anglo that still havent all been reviewed. Some infill drilling shortly and the resource is huge. The target is set at 12.5-25.2Moz for a reason. Take note of one particular target highlighted and its size! World class

"My guess is that he might have run into trouble last year because he weighted his portfolio too far towards the spec end of the market but he has mentioned before that he is relatively young so probably a suitable strategy if you are trying to build your portfolio fast."

"Many younger people or novice investors come to the stock market to punt like on a horse race or like sports betting for one-off gains but by doing this they are using the stock market in the wrong way."

Perhaps there is some merit in what you say with young people. Hardly useful unbiased commentary then, in fact its a big ignore if one's strategy ran into trouble last year or punted like a horse race! Also remember horses are pack animals and run in unison together, strength in numbers!! Mmmm, light bulb moment? So maybe it's best to leave individuals to make there own assessments on history of how to value a heart and whether to take their posts on face value.

So once the ~$50M debt funding gets realigned again there is no stopping this one. Something of note is the same project team we have on board took A-K project to DFS already. Rinse, recycle and update with VEC on the header

I post information in good faith for various reasons and it is only my opinion. So DYOR after reading and before investing!