VEC 0.00% 1.2¢ vector resources limited

VEC chart, page-28

  1. 1,480 Posts.
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    Very exciting days... despite not having the definitive announcements.

    But the stars are aligning, IMO:

    - Boxes being ticked in regards to funding
    - A 10 day countdown from today to have the news, with the expectation that the completion will be "accelerated ahead of this date".
    - 5M+ share buys going through yesterday
    - Increasing daily and weekly volumes (ok so slightly less this week, but 100M+)

    My concerns have been the delays in both A-K and the delay in the drill data which was due in May. We are approaching a 6-month delay for something that isn't really relayed by the complexity of a deal like A-K. Now there could be a 2.2c CR to fund further drilling there given this was mentioned in the notes at the meeting. A 2.2c raise would be outrageous at this time. Don't think that the cynic is me doesn't wonder where this raising happens in the next week to "institutional investors" before the A-K deal is announced. That would be dirty pool, IMO. But the stars have aligned to make even that a possibility.

    Other than that and a few other things I am rah rah rah VEC.
    Last edited by willious: 22/09/18
 
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