They are all at different stages......reflected in the SP
VRX......BFS
PEC......PFS
DRX.......SS
MLM.......starting SS very soon
Different stages as well in terms of mining leases applications etc
THB I don't know what is going on with DRX.......they seem to be facing all sorts of environmental and logistical issues with getting their Galalar project sand onto a ship........hence I suspect why they are now looking to explore closer to the MLM and Mitsubishi projects......
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