It's an interesting discussion.CompanyTMT (DFS) 21/08/2019VR8...

It's an interesting discussion.

	Company	TMT (DFS) 21/08/2019	VR8 (SCOPING) Presentation 29/03/2021
1	Mine life	16+ years	25 years, but up to 400 years
2	Resource	71MT @1.1% V205	662 Mt at 0.77% V2O5 (inc)188 Mt at 1.23% V2O5
3	Operating Costs	US$4.04/b.	US$3.07/lb to US$3.37/b.
4	Capex	Capex of US$318M	Capex of US$161.5M to US$187.9M
5	Payback	3.2	2 – 3 years

I don't think it is a race and I don't think the assets are comparable.

Better to take longer than to make mistakes.

One could argue that TMT has nearly twice as much dilution to come considering its higher capex (50.7% - 59%) requirements.

IMHO DYOR not investment advice.