We will have to wait and see more detail from the CR prospectus but you would have to assume that Cranston with his experience would have not entered into a deal where he had not investigated any barriers to developing the project.
VRX already has significant deposits with a long projected resource life I don't think you can infer that the fact they have not acquired this lease means anything other than they have sufficient resources for the foreseeable future with additional exploration targets they can pursue. At some stage VRX had to transition to a miner - given the projects they already have why expend more capital on a lease that requires exploration when they have plenty of options to explore and develop what they already have and they are transitioning to an operational miner.
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We will have to wait and see more detail from the CR prospectus...
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