Cheeky charms the company has circa $5.6m CASH at bank. A...

Cheeky charms the company has circa $5.6m CASH at bank. A drilling program has or is commencing.

The non exec chairman of VKA is also a executive director of GTT Ventures. Rocco Tassone is the largest shareholder at circa 107m shares and also a director of GTT Ventures. The last cap raise was at 3.6c. Therefore why on earth would they be wanting to issue shares below the last placement price and when they also have $5.6m in the bank and have these guys sell in to the market knowing that others have put money in at 3.6c?

Any company director with only a third of a brain would wait until the drilling program was underway and assess the progress.

If they hit lithium and IMO the chances of that are wery high the share price will go in one direction UP.

Also the gold price currently at US$2045oz is a BIG MOTIVATOR to explore and further drill VKA's gold tenements and there is some serious reasons to do so if you look at the previous grades there.

Maybe best if you average down at these levels and wait for the bigger picture to unfold instead of maybe trying to scalp a pip or 2.

Im more interested in seeing a 10/20c plus share price than a 2c share price and I am sure Tassone, Vanguard and IG and the other Top 20 shareholders think the same