Hahah... Love it.. You really must have had a bad experience in the past..
I think their whole strategy is pretty clear, target the DSO first, whilst revisiting the feasibility study for stage 2. The announcement also states the would look to appropriately fund the new entity and the timing suggests they would be looking to complete the DSO decision which is in line with their previous reports. But I think you already know this so really I am wasting my time pointing out the obvious.
PS: Now is a good time for you to get back in!
Ann: Neometals To Demerge Barrambie Titanium Vanadium Project, page-23
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