nkat,Informative and balanced post as usual and I can't disagree...

nkat,
Informative and balanced post as usual and I can't disagree with anything. As I've said before, I still believe we'll recover eventually, to what level is anyone's guess but that's why I'm back in in the buy queue and I certainly would not be there if Dom was not a Director. Rightly or wrongly I use 3 cents per share as a bit of a base level for our s/p only because that's around what we were when we acquired our interest in ZG and thankfully we won't be stumping up anymore for the final settlement. Since then we have lost 90 percent of S/P levels through reasons we can all argue with but at the end of the day, loyal, long term shareholders can rightly be fuming. Many have bought in at far higher prices than 3 cps making their investments look even worse. I know I've bought some at prices much higher than 3 cents. PC has turned out to be a huge, expensive disappointment as has been pointed out by others and I'm happy to hear opinions stating otherwise however the proof at the moment is in the market cap pudding. He has been good however at keeping a lid on some of our costs but I can't see much else at the moment. It's easy to point fingers but if you elect to sit in the top job in a public company on the big bucks, whether in the form of dollars or equity, it comes with the territory if results are not forthcoming and shareholder value is decimated.

Gold is sitting at record levels and we supposedly own a s**tload in Guinea or so we were told. Trevor even talked about spinning that off back in his day to try and create some shareholder value. If it is such a good tenement, you wouldn't think it would be too difficult to offload would it? AK certainly didn't have any difficulty. We were told in the ASX announcement of 19th September last year that VRC was looking to "explore options to extract value from the gold assets held in the world class Birimian Belt in Guinea, West Africa". I hope the exploration party returns soon. The last quarterly dedicated a couple of lines to this point.

Also, again from the last quarterly, PC told us that "during the September 2024 quarter, discussions have been progressing with a strategic partner for the Bunyu project. We plan to update the market once an agreement is reached for Bunyu Stage 1." Agreement being reached is a definitive statement and could be PC's get out of jail card as far as shareholder sentiment is concerned. It would appear that this is the only way Bunyu will get off the ground resulting in some graphite finally getting out of the ground. I'm all for it and we'll wait for that promised market update.