Daily price prediction thread, page-3408

They are spending, on grade control, assays and proven resource calculations, road access, water bore, pipeline.
Money has been spent with consultants assisting with Native title, mining lease and EPA submissions.
They have even awarded a contract for the plant.
There is not much they can spend on logistics and engineering at the moment, as its all dependent on the final EPA decision.

And I bet the delays with our offtakes are down to Covid, complications with a site visit cannot be helping,and to a multinational wanting a long term binding contract, you can guarantee they want to walk on and see the land.

Maybe they could recruit a senior role, but what would they be doing right now? It seems that most of the preparatory work is either under way or ready to go.
It seems everything hinges on a couple of decisions and then the flood gates will open.
I do agree that money could be well spent on PR and adverting, getting the story out there again.
Hiding in the shadows for 6 months hasn't helped VRX maintain its position as leader of the silica sector, its like they have shut the door and put the lights out - and that has been poor judgement.
They have become detached from their shareholders and the market, not good enough.