Baillieu Valuation of VEC, page-488

IMHO poor performance means that they have actually started to deliver value and therefore have some history to measure performance on.
Thus far judging by the time of final acquisition ( pending payments of some financial arrangements) has already seen some "fairly significant" announcement which normally we would see 6-18 months after a mining acquisition taking place: i.e. ( DFS, Future drilling , current inferred value brought up to "JORC" standards)
Bear i mind that no significant work, ground work can really commence before ownership transfer is completed. What you are seeing here is significant work being done in parallel to the acquisition which was a really complex operation.
There are very few long termers on this form that don't already understand the significance of that milestone (Well at least I would thing so by now anyway. Lets be honest the market is always hungry, and hurry up and wait is the name of the game anyway. Does it justify the price drop to from .012 cps to .005 cps , for a possible near term production? I know you want to enter this share at .005 so do many other greedy investment brokers.

I myself would not mind buying a new Tesla for 20 bucks , so let me go onto the tesla site and tell them their cars need to be priced at 20 bucks and why is it not 20 bucks yet because pretty soon the market will be flooded with EV's and their value will drop it may as well be 20 now so I can buy one. ( Tesla would value my offer and comment as an insult )

In that vain you are actually in my opinion quite insulting with that low ball offer of .005cps, this share should be a minimum of 0.125 cps today as it stands with the risk of the finance short term agreement, which is less than ideal. If you think that as Ramping so be it - maybe I am more greedy than you who knows , but I will not be selling one of my shares until I am satisfied it is a fair value to offer ratio.
But then the dogs feed when the steak is thrown in the pen don't they.
To be honest that is where I would like to see it as the real term production value IMO is between .017cps and a more3 valid production value of a minimum of 0.36 cps based on the shares on issue . This is my opinion and everyone is entitled to their own, you are even entitled to your "insulting comment " too. That is the way of a free market system where the sharks feed daily but I am not falling for a .005 cps.