Key points for me are (1) they have US$20m needed to proceed after the DFS and decision to mine are completed (2) they have US$35 m to complete the DFS , acquisition costs and initial project costs.
That's certainly confirmation that this is a serious project with potential to grow much bigger.
They're doing very well and at a good pace considering their dealings are spread between DRC, London and Oz.
VEC Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
