What Turtle said, plus specifically as one key milestone comparison MEI's maiden MRE was in May 2023, VMM's maiden MRE will be this quarter sometime if they are on schedule, let's say it's March that makes it 10 months behind milestone wise. In total drilling meters they're probably a little further behind but that difference doesn't really matter once they get beyond a 200 Mt resource and 40 year life of mine as long as there's a few decent high grade pockets for the first 10 years that gives ample grade leverage for NPV imho.
Back to $2.40, page-88
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