VEC 0.00% 1.2¢ vector resources limited

Ann: Release of Amended 31 Dec 2018 Quarterly Activities Report, page-54

  1. 2,722 Posts.
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    I also attended the meeting and let me repeat a line of inspiration that was put to us.....

    With VEC’s exceptional grades...........low cost mining using machinery.........substantial growth available in the resource........ideally a million ounces per year operation or thereabouts........super high recovery rates.......that would put us in the very top bracket of gold operations in the world amongst the billion dollar companies.

    The previous owner AngloAshanti, who specialises in gold, proceeded to design, manufacture and ship equipment onsite with every intention to build the mine with good reason.

    What I also took away from the meeting is how they got this all signed off in-country which is unheard of during an election transition. Such is the momentum of the project and how well connected the team is amongst DRC elite ranks!

    This project is so high profile it was the golden child before it got cancelled by AngloAshanti. The wait of some very long years from what was going to bring construction jobs and prosperity to the locals and government. So as you can imagine there is a lot of influential folks at all levels wanting VEC to succeed. It will take a very brave man to get in its way!

    Hang on to your hats is all I will say, sure it’s going to be a bumpy ride but it will be fast and furious with those hanging on long richly rewarded imo.

    Today’s voting showed the power and influence of the new board members from MGI. They are aligned to shareholders with a very large stake of 315M shares. Their reward is the same as ours via SP growth and successfully developing A-K

    GLTAH
 
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