Ann: Response to ASX Query, page-6

this is the best news in a long time. we now have progress in the ASX saga. the BOD instead of fighting tooth and nail, will now bring major decisions involving transactions with affiliated companies and persons to the shareholders for voting. shareholders who have interests in the affiliated companies will not be allowed to cast their votes. this is normal process. it just means these transaction decisions will take a little longer than normal. it also allows the market time to react when they see these transactions. if a company invests $10m into VIC, I will know they are confident in VIC. it doesn't matter if they are affiliated or not. I will vote for that transaction.

I am glad the negotiations with landholders are now complete and the procurement of drillers waiting final signoff. signoff obviously waiting for funding approval. VIC has enough cash to drill a few holes first. they need CR or loans for the full drilling program.

obviously everything i said above is my opinion.