Jan 2nd, page-33

Now it does depend a bit on which announcement we are talking about Scarpa. I mean here is main part of the announcement by VIC on 23 November which spells out the long extension through to Jan 2nd. The final comment indicates that it expects to make a further announcement on or by Jan 2nd.

"Victory Mines Limited (‘Victory’) hereby requests an extension to the voluntary suspensionfrom trading on ASX (ASX listing rule 17.2), pending a release of an announcement to end theperiod of voluntary suspension. Victory is currently awaiting further correspondence from ASXafter Victory responded to the ASX queries dated 11 October 2018. Following receipt offurther correspondence Victory hopes to receive confirmation that ASX has no further queriesand should then be in a position to make an announcement for release of its suspension fromtrading.An announcement is expected to be made to the market no later than Wednesday, 2 January2019 and end the period of voluntary suspension."

Now in my view of that announcement I would suggest that as we are now in the period later than Jan 2nd then VIC is obligated to make a further announcement to clarify where things are at. Even if it is just to say that they are still awaiting that further correspondence from the ASX. To just drift along when the period of the extended voluntary suspension has passed its expiry date is not acceptable in my opinion. I would think it surely must not be meeting standard accepted performance criteria. Surely ?