That's just gas mate.. this thing should re-rate hard to fair value once all the conditions are fully satisfied. We should also have some solid interest from insto's after derisking. The other positive is we have a solid base of LT holders because progress has been delayed for so long. It doesn't suit the traders.
IMO, where we are with VEC is a rare event. We have a proven WORLD CLASS resource with $70M of assets and a possible direction to near term mining. We have skipped the entire exploration phase and the market doesn't even realise. These opportunities nearly never come about in the spec end of the market and as a result VEC is ridiculously overplaced in my portfolio. If we meet next Tuesday's deadline then there is no turning back. You would either have to be desperate to sell out now or have your head on backwards.
The train is ready to depart...
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