Dripfeed selling, page-64

Hi ligoioa
Yes I too have noted a number of new posters recently.
Not sure of their agenda.

As many others and I have previously mentioned
VRX will need to raise funds in the near future.

Its hardly new news.


I dont claim to have any information on this other that I have met Bruce personally at the
Melbourne investor presentation last year.
Spoke to him privately about raising funds and it was mentioned in his public speech.
He was adamant that he did not want to unnecessarily dilute existing shareholder ownership.

He will want to present VRX in the best possible light for any fundraising.
And I am puzzled, given all the recent very positive announcements
that the share price has fallen so heavily.

As we are all aware, there is plenty happening to progress VRX to an operational mine.
And the company is doing all the work in a methodical manner for this to happen.
As others have mentioned, none of this happens overnight.

Bruce cannot make positive announcements out of thin air.
But I am confident, based on what we know, that there will be more good news
in the near future.
And probably at that time there will be some mention made about ongoing funding.
And there may be a number of possibilities for this other than issuing more shares.
These have been mentioned in earlier VRX threads.

We all know the mine set up ( for both Arrowsmith and Muchea),
in relative terms is a low cost operation.
So maybe the market is overreacting anyway.