Since day 1 for me I was going to hold this until we got drill...

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georgehall

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31/10/18

07:36

Post #: 36324527
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Originally posted by bageo1 ↑

So Bonaparte is now back on the cards, guessing due to the prediction shortage of copper as copper is still the most used metal in Lithium batteries.

750k shares, a little higher than l expected. So this will take VIC to approximately 2.2B shares on market. About 3B appears to the the number small caps consolidated, so we have at least 1 more cap raising before that.

The placement price of the CR will be telling and in my view give a prediction to where the SP will go with a good marketing campaign. It appears those “intelligent investors” sold a lot last time and will be expecting to mostly exit with in 3-6 months. 0.015-0.025 here we come with a CR around 0.005 in my opinion.

There are heaps of unknowns, but the biggest one are the drilling results. IF IF the first round of drilling results for cobalt and copper are good, that could creat a short term rush. As well as the the predictably “we discovered gold” at the Bonaparte site which seems to be a well tracker pump strategy for explorers in that region. Initial good drilling results and an “unexpected” gold find, could see the SP hit a high number (might see a 0.06 with gold lol).

Question l think we all need to ask ourselves, when to jump? 1. When suspension finishes 2. During the first pump 3. Wait for first drilling results and maybe an unexpected gold find.

GLAD to be finally talking about something a little more positive for a change.

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Since day 1 for me I was going to hold this until we got drill results at Malamute...so the information contained within this AGM shows some promising signs that we may actually get there.

I wasn't expecting it to take this long, and wasn't expecting the twists and turns we have had, but maybe we might actually see some drilling next year.

Last edited by georgehall: 31/10/18

VIC Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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Since day 1 for me I was going to hold this until we got drill...

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