The only reason why the Vanadium and HPA didn’t work, was because the capital required to start it up was always going to be beyond arms reach for an exploration company in KRR. If they had of kept to the gold exploration which would have kept the SP healthy and strong and not where it is now, KRR would have had a better chance in the latter part of going back to the Vanadium and HPA once the gold exploration had progressed quite significantly and substantially.
Ann: Quarterly Activities Report, page-32
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