Very hard to see those Vultures getting the numbers but there is...

Very hard to see those Vultures getting the numbers but there is no doubt that all of their share holders are losing big and are angry .
They continue to spin how successful they have been in bringing Vali to market so quickly but hardly a word about Vali in the Capital Raise presentation .
The present market cap does not justify the payroll that they have so who would know what will happen .
The raise is largely relying on present holders to fork up again but the over subscription stops speculators buying a minimum parcel then punting on a stag profit on millions .
The large retail offering is not underwritten so there is no guarantee they will get all they need .
Both MEL and VEN are joined at the waist , both need to find the money for the drilling to go ahead .