Ann: Caula Vanadium-Graphite Scoping Study Exceptional Economics, page-93

So in other words you didn't and your posts from the time would suggest the same.

Not many of us here were thinking $50 million, $5 to $8 million was the realistic expectation at the time and this would have totally supported a SP of 16c considering it was supposed to be the first of biannual auctions. What nobody predicted was a result of 500K. While MUS was a disaster it was one nobody saw in advance including I suspect even CJ & CVW.

I wish there was some lesson I could learn from MUS, but it was such a unique company and series of event that there is nothing I can take away. On the positive side I did meet a lot of great people because of MUS who I am still in contact with so it was not all bad.