If I had more confidence in the management team I would have...

If I had more confidence in the management team I would have been averaging down pretty heavily. I don't. I haven't.

I am personally relying on three things from this point;

1. Great drilling results
2. Managements rat cunning (clued up enough to be lifestyle directors)
3. Management's self Interest

I am damn certain they couldn't give a rats ass about retail shareholders. And they would think we are a joke.

The learning I have garnered from this investment is to research every single key members achievements of a company THOROUGHLY before investing a cent.

Not to proud to say I was not thorough enough investigating this rabble and considered geomagnetic surveys and "nearology" first and foremost.

If VIC is a complete flop which from this point is a 50/50 scenario, then that learning might recoup me a lot of money in the future.

The tenements are promising so all is not lost, it is a 50/50 bet from here...