Thanks for re-posting .. it is always worth a re-read. I have been a little quiet lately, enjoying the holidays and the banter here an
d basking in the glow of gold that the completed deal will likely bring.
Our market cap is roughly $28M ... pfft. It can hardly be debated that the MC should stay there or be lesser, and so up we will go and that's all there is to it. It is anyone's guess as to where it will land at this end of the market even with any back paper calculations -- but I appreciate them anyway. They are fun to fantasize about, and it doesn't really matter which way the calculations are performed, it would be very difficult to amount all that VEC has to a market cap of a piddly $28M .. Australian dollars. Piddly.
For a long period of time, my main concern has been the DRC elections. I have mentioned this previously. I was very concerned that the elections would be highly disruptive and had hoped that the deal was completed many months before. However, the election seems to have gone off well ... and by well, I mean that the relative stability of the country appears to be maintained. The opposition, incumbent president, Tshisekedi, has won (to be sworn in Jan 18th), surely with the apparent blessing of Kabila who has maintained a stronghold in the legislative elections. But Kabila's grip has loosened and that is a good thing for the country. Perhaps the elections were just the sort of smokescreen needed for the deal to go through, I do wonder? Just maybe they were not the hindrance after all.
So VEC have now secured A-K. We have drilling results to come through .. remember them? Were they due in May? "Taking Maniema to +1Mozs" I believe the headlines read at the time.
Most likely we will have resource upgrades for A-K.
Exciting times ahead... Can't wait... but I'm forced to.
