Wait until they announce fundingYou don't think they've been in talks for the last 2 years with more than one party, ironing out the details while waiting for the BFS to come out to back the figures up? Wouldn't be surprised if US Vanadium ends up as the winning group, or a large steel company like Wingsing International who have access to serious capital. Before the Australian government give you $50 million I can assure you they are across exactly who you're talking to and exactly how far along the talks are. That grant was your golden gun. To be honest, I was surprised that the funder wasn't named the same day the BFS was released.
That's why I held on to half my holdings. Could have been a nice little trade in and out with them, but I'm not too worried and with my luck funding would have been announced while I was maneuvering.
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- Ann: Bankable Feasibility Study for Australian Vanadium Project
Ann: Bankable Feasibility Study for Australian Vanadium Project, page-371
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