Ann: VMM Completes Heavily Oversubscribed A$8 Million Placement, page-14

Happy to have some large insto holders on the register now and the company to be cashed up. In addition to Agha's $1m + at $1.15, and the former COO of Serra Verde options at $2, just shows you where this is at.

Happy to see the raise was done externally. Neutral on the the fact it was done on such a good announcement (purely because the market was hit hard on Friday which may have wiped our gains anyway). Slightly disappointed at the raise price but such is the cost of a large insto buying in, they were never going to build a position on market, whether we like it or not no insto is going to try build a 6 million share position on market when at any one time theres 300k for sale, that's just the game. IMO watchthisrise is just messing with the sentiment of holders because he wants to buy more.

The pace at which we are working is phenomenal. Ongoing Cupim South drilling is going to surprise a lot of people. Still think its an incredible pickup. Severely undervalued IMO.