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10:07
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Originally posted by pc3
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I think all holders can agree that VIC has a miserable track record. However in this instance we are on the cusp of probably the biggest energy disruption event we have known. So for all of VIC managements past mistakes this has the "potential" to be a success "IF" the drill results are good. If they have to go to market for a credit raise to drill then so be it, that is the game.
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Agree there is potential for a share price increase, as set out in my above post. But the catalyst now is positive drilling results and to get there is needs to pay the potential drillers. With only a few hundred k in cash I cannot see how it can fund the drilling.
