As you say it is a spec stock, but has found a large deposit and completed PFS , financial study being prepared etc.
Great progress but 1-2 years from production. We all know this is how mining companies progress.
As you write patience is required, there is so much rubbish being written here its clouding meaningful discussion.
I believe the EV and the storage markets are just taking off and will accelerate at a great rate, it may well be the next big thing with the SP of companies involved racing up, picking these stocks in early days is not easy so I am spreading my bets. VRC being one of them. When the Financial study is completed and hopefully off take agreements and finances arranged VRC can easily run up like its rivals. I will take some more shares at these levels as the VRC story and management credentials are first class.
6 months from now we may well be looking at returns of 200% plus.
Patience!
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