Management have actually done plenty of work to advance this project and have maintained the appropriate speed based on market conditions IMO.
Flora-Fauna/heritage-Aboriginal negotiations/etc are well progressed such that a mining licence can be lodged within months is my understanding.
Metallurgy is a critical step and on that point I guess we might be a little more advanced however this process is much more difficult compared to some other metals.
The ducks are lining up IMO and it makes sense to be investing now based on the key appointment of Mastermines now in place, the bullish Vanadium sentiment/price and predicted shortfalls and based on the closeness to a PFS.
We are relatively de-risked based on our massive resource.
PFS/off-takes are the next critical steps IMO.
Looks good to me but may be a bit slow over the next few weeks and before Chinese NY.
Plenty of catalysts to come I think.
;D
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