USD$10m=A$14m=5c/share=4baggers, page-19

Thanks DD, I donot care the current stupid SP, remain my bullish view on VKA's future.
It will be cashed up again and again until >AUD$10m cash on hand, this is no doubt atm as the buyer already paid more than USD$1m, which is RMB$ 8m, this is big money, no one would like to halt transaction and lose such amount of money. so it's done deal.

the USD$10m (or AUD$15m now deal) result in VKA's fair value should be 4.5-7c at the moment.

more importantly, VKA has a super powerful management team IMV:

	Column 1
0	John William Gardner

Mr Gardner has been a director of Mincor Resources since its inception in 1995 and its ASX listing in 1996 with an IPO raising of A$8 million. Mincor today is an ASX top 200 Company with a market cap above A$600 million. It operates 6 underground nickel sulphide mines and with resources growing year on year. Last financial year it reported A$106 million PBATDA. Mincor has spun out a copper company Tethyan Copper with an ASX listing and IPO of A$3 million. Tethyan was in joint venture with BHP Billiton, and when it was taken over by Famogasta, a major copper producer in JV with Newmont, for more than A$150 million; it had a resource above 1 billion tonne of low grade near surface porphyry copper with 20 million ounces of low grade gold contained.

	Column 1
0	Raymond Whitten

Mr Whitten is an experienced investor with a wide range of investment interests and has served as a Director of many private and public companies. In 2005 as Chairman of the National Stock Exchange of Australia Limited (NSX) he was responsible for its successful IPO on the ASX in 2005.
His current roles include serving as Chairman of Whittens & McKeough, a boutique Sydney law firm specialising in mergers and acquisitions and corporate law. (VKA is seeking new project atm!)

	Column 1
0	Peter McMickan
1
2	Managing DirectorHis more recent experience covers corporate, senior management and technical supervision of mining, development and exploration projects throughout Australia, Africa and Europe. He managed the mine geology, exploration and successful resource development of Guinor Gold Corporation’s Lero Gold Project in Guinea, West Africa. During his four years with the company, the company’s exploration spend increased to US$1 million per month, which sustained the existing heap leach operation and resulted in expansion of the resource to over 4 million ounces of gold in the space of two years. This expanded resource base underpinned a major re-development of the Lero Project to a 6Mtpa CIP/CIL operation producing 350,000 ounces of gold per year.