I don't value the company at 2.2c... the value of the company is, at the moment based on the markets sentiment.
The MC for me is certainly undervalued at present but upon completion of the acquisitions that hopefully should not be the case. As you said, this is a world class resource!
Only thing holding back the rerate is current levels of uncertainty regarding completion of said acquisitions. I'm confident of success, however, I don't have the vast amount of capital to trigger the move.
I'm happy just increasing my holdings for when it does move, I'm much happier doing that in the low 2s than 3/4/5c +
All IMO
VEC Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held