I don't know whether you are familiar with Australia approval...

I don't know whether you are familiar with Australia approval process. BFS (technical study) can usually down within 12-15 months. Government approval (EIS, Development approval and various other approvals) for a project of that capacity (Mining, processing, and refining) can take much longer. This one got a "Coordinated Status" from Queensland Government and therefore there is a defined approval road map takes it to the end of 2024. From my experience this is among the shortest approval times if not the shortest.

We can all be critical but don't forget this company only listed in Dec 2022. Have a look of the WA based V companies and compare the progress of projects.

Like you, I also like if they already got all that and in construction now, better still in production now.