One really important factor to consider is that we have 3 Vitangi Subsidiaries. The ONLY reason is that we have 3 separate JV's for Vitangi and Multiple different offtakes.
So what does that mean in terms of mtpa. I'm still of the view 500ktpa at least in 2025.
I'm firmly of the view that the drilling is being done to undewrite the resources required for the JV's. As such the whole of Vitangi will be fully allocated this year.
The subsequent drilling will underwrite further expansions. We are talking massive volumes far in excess of anything that has been released by the company.
Further the Niska study and in Rockyarns MT states that they would integrate the studies into one.
The only reason to have multiple mines one surface and the other underground would be due to permit issues. These seem to be abating.
In Rockyarns MT clearly states they will consider going into early production this year.
The board is Sandbaging again.
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