Ann: Bunyu Mining Licences Granted, page-15

Bruce,

"""No one expected VRC's sp to jump markedly today, It didn't when WKT announced their Mining Licence was granted either! ""

The share price will eventually take care of itself.  My main concern is we got the mining licence that we have been waiting for, because without it, we 

were going no where. Todays share price is of little significance if you are choosing to look at the bigger picture.  Those that have been waiting for quite some time will now be looking at the bigger picture I would suggest.

I expect the share price will be substantially higher by years end and even more so by the end of next year.  The market will still be waiting for the confirmation that the money has been raised. Thats understandable. But the stock will not be trading at  2c once that surety is guaranteed.

For those that buy now with some risk still hanging around, will be the biggest winners. Those that wait for a more clearer picture will have to pay a higher premium. The greater the risk the greater reward as they say. Investors should play the strategy which suits their investment profile.

VRC has successfully jumped the hurdles on it's way to becoming a producer. There is one more hurdle it needs to deal with and then I believe the market will look at VRC in a completely different light. 

I believe it will be largely de- risked at that point in time and those that have been patient will then get their just rewards over the coming months .

I expect to see new investors come on board who have been watching from the sidelines.

It's fair to say we are now entering an exciting time, even though there are some here who continue to look for negatives. Why they continue to be shareholders in VRC is a question that remains one of life's great mysteries.

Cheers.