VEC 0.00% 1.2¢ vector resources limited

Well done guys for holding through, We had what looked like a...

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  1. 2,007 Posts.
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    Well done guys for holding through,

    We had what looked like a breakout on our hands, followed by a massive shakeout, but today we have the real deal breakout confirmed.



    From a fundamental perspective:
    Reading the language from Brewer and Announcements there seems to be essentially more the one acquisition.

    So we have three pieces of news in the horizon:
    - Acquisition 1
    - Secondary acquisition? (cumulative 3Moz)
    - Resource Upgrade to 1Moz

    Gold also pushing above 1290 too so looks ready for spot to go on a little jog.

    If there is any doubt where we could be, I just simply refer to this table and it does the job for me. Still haven't sold a share.

    Worst case scenario if the acquisition target is reached we get 3.5Moz and both acquisitions are preliminary stage like that of DDD..if thats the case we trade about 20 EV/JORC ratio.
    Which means including for a raise/dilution looking at a bag from these levels.
    However as the ann says "Multiple ADVANCED Acquisitions".


    Cheers
 
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