Great summary mate. Big Picture = what is below the ground is...

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jock9

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23/01/19

22:31

Post #: 37205451
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Originally posted by spokesy2009 ↑

Thought I’d take the time to quickly put together where Vector is at in regards to minimising the risk profile.

- Adidi-Kanga execution of acquisition.
- Secured US$55 million

- Proven JORC resource 3.45Moz ounces high grade
gold

- 70% of development on site completed.

- JV partners have all agreed for Vector to take this project to the next level.
- Bulk drilling already completed.

Derisking events to take place moving forward (AIMO)

- Settlement completion for Adidi-Kanga, financial transactions.

- Issuance of 12month escrowed shares to Vendor.

- A work-plan and budget for the exploration and DFS phases.

Potential price catalysts -

- Resourve upgrade. A lot of holders believe that there will be a resource upgrade (please refer to announcement back in December 2017 on page 5 it stated an estimated resource upgrade approx 4-6 Moz ounces. IMO I think there may be much more, when you look next door.

- DFS work plan, targets, teams etc.

- Equipment Value and condition report.

- Potential drill plan

- Historical findings in anglo reports and drill results, grades etc.

- Potential for a strategic partner to take a position in Vector.

- DFS completion and report

- Decision to mine

- TO offer (don’t have to be a rocket scentist to realise the likelihood of this) only have to look at a few other TO’s in recent time.

- Gold entering what is believed to be a 5 year bull market.

I have based the above on Adidi-Kanga alone, don’t forget we are awaiting news on our other leases also.

Plenty of news flow in the pipeline I believe, You can understand the demand Adidi-Kanga would have put on the entire Vector team, once work begins on AK and it progresses past this initial teething phase, I would expect a lot more newsflow on the other projects.

That’s enough from me anyhow,

Strap yourself in, as once this settlement phase has been put to bed, I’d imagine we will experience some true reward

What an opportunity

AIMO

DYOR

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Great summary mate. Big Picture = what is below the ground is way way more important than what is above it . . . for so many different reasons.

VEC Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Great summary mate. Big Picture = what is below the ground is...

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