Every month or so Bruham normally comes on HotCopper and...

Every month or so Bruham normally comes on HotCopper and complains about the past but believers will say well the difference is now:

1. Iron Ore Price is US$170+
2. Wet Screening Plant near completion (and it’s not just words, we see new photos). Words means jacksh1t but I see photos
3. We have a 30 year experienced Fergus Campbell working on the project where in the past VMS had no one. Does Fergus accept a role if he thinks it won’t go ahead?
4. Also in the past, we were never fully funded for Riley Mine and it was always subject to debt finance whereas now we are fully funded taking the opportunity of a capital raise due to market price.
5. Also in the past we never had Golden Grove North.

Are we frustrated that VMS is loitering around 6c? Yes of course.

Do we understand that it is likely to be because of the capital raise where Instos and Sophisticated Investors are making a quick 5-10%? Yes

Yes, I do feel bad for legacy holders and those who got caught in the mothball of Riley Mine due to Iron Ore price and the Greenies court case.

Yes, I was a bit lucky to find VMS when it was 3c or so.

However, if you can’t see the past is different to now as outline in Bullet points above then I’m not sure why anyone would hold VMS?