Ann: Volt to Launch Capital Raising, page-272

B4bmm (now Eljefe), I thought at first you were having a go at Croc. He may well be cross promoting wkt info, but its all speculative concerning the vrc smaller plant, so you cant compare.

VRC's new strategy is to produce earlier.

In order to do this, they are starting with a smaller plant in order to get to production earlier. They are yet to release details on this plant and who knows it could be low opex and competitive with wkts opex which is very low. It will depend on where they procure their plant and equipment, labour, sealed road situation, proximity to port, ore processed, recover %, how far they have to dig (which reading the pfs is very shallow digging), also as I understand it offtake deals in play (100% indicative and binding at the moment) with flake size and % giving basket price.

The 170,000 tonnes per annum (approx) plant is still in play and as they stated will be commissioned and in production by 2020 with post npv of $890m.