Ann: Term Sheet for US$10M Prepayment Facility, page-15

Its unbelievably cheap imo, Roger and the team have done so much to derisk the company and it has gone unnoticed.

VTX has been flying under the radar for a while and unfortunately having this funding deal announcement released as nonprice sensitive meant that it continues to fly under the radar as most people only worry about and see price-sensitive news unless they are already following the stock closely.

This compounded with the shortfall capital raise shares being flipped for a quick 10% gain is why we haven't gotten any traction just yet but really only need one high liquidity event and it will flush them out and in turn we should finally see a rerate.

Here is a research report from March with a 40c price target for those who haven't seen it yet, it has a lot of good info in it.

https://www.breakawayresearch.com/research-portfolio/vertex-minerals-limited-research-report-february-2024

VTX is currently ahead on schedule, funding and most other metrics used in the research report plus the gold price is 20% higher so things are looking pretty rosy right now.

all imo