Ray Whitten needs to go. Simple as that. He continues to let...

Ray Whitten needs to go. Simple as that.

He continues to let shareholders down and not progress any tenements in any meaningful way.

It is obvious to me that Tumentu project that had some work done back in April was simply to appease the ASX that VKA was carrying on some sort of operation. According to this quartely he is still “considering” the next steps on this project. Not good enough Ray. The results were terrible so move on from it.


We need to Raise a little bit of cash Now and acquire a new project in a hot gold market or something with similar upside.

Leave the Akoase court case to run in the back ground and if we win then that’s a bonus. The Ghana courts run to the beat of their own drum so there are no certainties here.

What Ray needs to understand is that the longer you do nothing, the faster the cash runs down which equals further downside to the share price. This will ultimately lead to a Cap raising anyway at a lower price and cause much more dilution than a raise at current prices.

An EGM is a good idea as this has gone on far too long and it’s simply unacceptable. Ray is holding the company back and needs to be removed or needs to progress the company with a new project whilst the cash position and registry is in a good position that will allow positive upside.