The fact the EPA applications are the blocker to any progress, I would have expected something like ...
"The pathway to EPA approval is still progressing on multiple fronts. The two options determined by Wood Group have varying advantages and trade-offs namely:
1) Ten'ndewa Processing Plant & Gat'tha Vanadium Project - "explain status and summary of discussions with relevant decision making bodies"
2) Ten'ndewa & AVL Mining and Beneficiation - "explain status and summary of discussions with relevant decision-making bodies"
As a result of the OFS work conducted by Wood Group to date, we have determined that option (2) has the best chance for 2025 production due to reasons."
I'd be pretty satisfied with something to that effect and give AVL the blind faith they keep expecting of holders without giving reason to have faith.
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