@willious @Bright30 This is what the market is waiting for in my opinion
1st: Re-rate
The Vector Board has approved the Company to finalise the joint venture and transaction documentation with the relevant parties and this is progressing well. The Company is confident that the documentation will be completed in February 2018
. VEC were hoping for the end of January , But only a couple of days till February . (Explains today's rubbish start )
2nd:Re-rate
A new JORC (2012) compliant resource that the Company is aiming to complete in the March 2018 quarter.
3rd: Re-rate ( And maybe the most important and least understood )
The Company has also reported that a number of positive findings have been identified, particularly in respect to the exploration and drilling work completed and review of the resource database which has identified the
opportunity to incorporate additional areas of mineralisation defined by previous wider spaced drilling by AngloGold Ashanti into a new JORC (2012) compliant resource that the Company is aiming to complete in the March 2018 quarter.
This is what we know we have ATM ( Proven )
The latest AngloGold Ashanti SAMREC Mineral Resource for the Project has been calculated at 11.9Mt at an average grade of 7.65g/t of gold for 2.9 million ounces at a 2.8g/t cut-off
Then take this statement , and how big a JORC (2012) are we really gunning for !!!
Opportunity to incorporate additional areas of mineralisation defined by previous wider spaced drilling by AngloGold Ashanti into a new JORC (2012) compliant resource
No need to even mentioned the 4.7g/t to 7.8g/t of gold for 4.7Mozs to 6.8Mozs of contained gold
(“Exploration Target”)
Thats just one of nine leases shareholders are waiting for news on , we could Re-rate any bloody day really.
Ok , just got told of by Her Majesty again
Apparently we are watching My Kitchen Rules
Lol
