I thought they were wanting to develop existing company assets...

I thought they were wanting to develop existing company assets so this announcement was a bit of a surprise, it clearly indicates Brewers true intention which is to focus his efforts exclusively on Vanadium and use any capital for the purchase of Vanadium assets. Reading between the lines I actually think Brewer wants both of these assets (As he keeps quoting two assets in his announcements) so Global could very well expand at a very rapid rate this year. I'm sure if the terms are right both deals could be secured and I don't think funding will be an issue at all if near term production is on the cards with both.

What Brewer is trying to do here is far from easy, ASX compliance will be an issue and he's yet to demonstrate he can pull this off with WFE, however if he does there will be no director on the ASX better prepared to take GLV to the next level so it's going to be a very interesting 6 months ahead for this stock.

We will know very shortly I guess!