Ann: Adidi-Kanga Gold Project Acquisition and Update, page-231

things could be a lot worse.

RMP, 88E, OEL, all absolutely carted and built on the hope of finding something commercial. I won't however be going into any of those threads to sink boots in.

I think you ask you ask yourself 2 questions in these circumstances.

am I looking for 10-50% gain in 6 months? Maybe Vec isn't a good risk verse reward.

am I looking for 5-10bags in 18-24months? Maybe vec is an option.

the reality is 90/100 exploration mobs never end up mining. if you managed to jag the 1/10 you're probably looking at 2-5 times you cash on that alone.

of those 10 successful you maybe get 4/5 that are successful and operated on profits long term and maybe 1/2 that are your genuine gems which if you pick and hold you're in a great position.

Now I'm not calling VEC as one of those gems. but given that 60m odd of funding was even on the cards, given the reputable, well versed board members and the unequivocal deposit along with a bunch of existing infrastructure, would indicate its got a high probability to get mining.

(yes the dilution May happen, yes the con notes are sheet, yes they've been bad with delays) but for me I'm looking 12-24months minimum and only asking if they will get the mining. If they do, it's water under a bridge. I remember in the PLS early days there was so much bloody scrutiny on the most fickle of things. now they're producing and if you bought at 2/5/10/20c no one could give 2 brown proverbial about a CR that happened then, or what the JORC was, or who was doing what, or that they missed timelines.

The discussions great, but I think if you pull back and look at the market cap of VEC and where it currently stands it's actually doing fairly well. I've got gold exploration co's worth similar coin and they're still just shooting drills and kind of hoping for the best, the discussions there are around where to position a drill bit to maybe get 3-6g/t. Yet pull over to VEC at it's knives at throat about finance to mine. (yes I'm exaggerating but you get the point)

1st world problems I suppose.
on a serious note, appreciate the couple non holders on here keeping it pretty clean. HAC, Twin, makes for good discussion. Few complete bozo's, same can be said for the holders though as well.

apologies about the monologue, I've just finished my last day at a job and transitioning into a new one so currently celebrating with a few cold ones and have definitely rambled on too long.

All IMO.