Ann: Environmental Approval Received for Bunyu Graphite Project, page-80

I haven't bothered posting for a while, but I did notice our persistent down ramper continues to rant and rave about Management's lack of progress.
He continues to believe this project will not see the light of day and yet for some inexplicable reason he continues to hold stock.
Either that or he just continues to declare that he is a shareholder.
Either way his credibility has to be questioned.

I continue to buy at these levels because in my humble opinion it remains a very good punt from what some may believe as a risky play.
I have every reason to be confident that a mining license is not too far away from being announced. My confidence comes from the fact that other companies have recently secured there's.
Why should we not get ours is the obvious question. Once we do I am also very confident that the 40 million will be raised and VRC will be on it's way to greener pastures.
My views on the future need for graphite continues to be very bullish. There have been some very good articles published recently that would support that view.
But it's fair to say in the eyes of the current market there are plenty who are not convinced, hence the current share price at 2c.
It's a punt however that I am prepared to take, and I firmly believe we will all have something to smile about at the end of this year. If I didn't I would have sold out a long time ago. Unlike our friend who posts 20 times per week .
So for those that have decide to hang tight well done. Hopefully the wait will soon be over.


Cheers.