How did we lose 2mt at ASN? rounding errors across the...

How did we lose 2mt at ASN? rounding errors across the subcategories? Seems insignificant - but again amateur hour!
moved from indicated to reserve.... pretty good actually only loosing 2 mill after infill drilling.

They talk up the first mover advantage on long lead items - but in the very next sentence advise they have been delayed?
the statement actually reads that VRX delayed the items owing to EPA. Isn't unique to us.... can't buy and store and entire mine site imperpetuity.

Revised capital estimate for plant? Can't be good.
this is been known for the last 12 months as during covid the price of steal and labour doubled but has normalised so i imagine it will be inflation adjusted somewhere between 7-12%.

Another ERD revision? No confirmation in the release that the business has completed what is being asked - so sounds like more work to be done.

"inclusion of amended appendices in the final ERD and conformity in variously dated surveys with respect to amended affected areas"

This also represents to me submission D was not up to expected standard - VRX left out amended appendices? Again seems minor - but cmon, how does amended appendices not get included and attention to detail on affected areas - these are not minor details or spelling mistakes.

Yeah, pretty shoddy.

Still no transport, dock space, shipping or customers - this thing has fleas and is in dire need of some professionalism - selling the silica dream is no longer enough.

Transport what? the document states they are intalks with the port for space and births, but you won't get anything formal until VRX is in a position to commit to tonnage.... which they aren't because of EPA. this is a known.

Sentiment changed to sell - there is no way EPA drops imminently IMHO - and that is the only lifeline at the moment - i anticipate and opportunity to buy back in between 6-8c

Ok, cool. yep not immeninetly, but if that is occuring to you for the first time 2 years into a 6 month process then thats not a good sign..... I'd never say never, but 6c would be an MC in the 30's.... that would be hard to believe, even if only fuelled by hopium.