Ann: Corporate Update - Africa Downunder 2017, page-58

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apkjm

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13/09/17

05:18

Post #: 27172452
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Originally posted by Danzar ↑

In addition to the good posts so far that calls you out, I'd like to draw attention to the highly misleading edit you made to the EXU quarterly. You added a full stop where none existed. I'll highlight the text that was there before you deleted it and added that full stop:

"Subsequent to quarter end, the Company withdrew from the Maniema Project, located in the Maniema Province of the east central Democratic Republic of Congo (DRC), due to the quality of exploration results generated to date, the significant expenditure required to maintain the licences in good standing with the DRC government and not being able to identify a joint venture partner to fund further exploration on the Maniema Project.

I was also an early investor in EXU over 2015 until early 2017 (you'll see the tail end of my HC posts on EXU if you go back far enough). They deliberately shifted their focus to domestic projects with Lyons, and the Auzex acquisition gave rise to Tampia, which is now their main game. It's shaping up as a very real prospect nicely, in my opinion, much greater than EXU, and those companies that previously 'dropped it', ever imagined....get what I'm saying?

You also ignore the part Maniema plays in the DRC strategy. It's a bit part at this stage pending possible acquisition(s) of 3m+ advanced projects.

All of this said, of course there are no certainties. I've never said VEC or anything else I invest in is a sure bet.

Back on EXU, I've been mulling over a return to that one. Thanks for reinforcing my thinking.....as you say 'toot toot'.

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Morning guys really good posts last night , thanks for all the effort put ! On a different note , VEC social media has gone very quiet again even Mr Brewer has gone all Hush Hush ! Interesting !

@Scarpa You are correct mate , visible gold close to surface is a big deal.

VEC Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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Ann: Corporate Update - Africa Downunder 2017, page-58

Top Stories

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Metalicity looking for offers on Admiral Bay zinc project

Imricor raises $35M to pursue growth and expansion into Australia and NZ

Talking Australia's very competitive property landscape: Realty Talks

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

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Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

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