They have stated that they are talking with potential...

They have stated that they are talking with potential development partners now.

IMO they would have asked for expressions of interest from the all the parties who have been through the door in the last couple of years. From this, they select a panel, sign CA's and let them into the data room. Its very likely that whoever wants to be involved with VXR will have an "optimised" DFS and modelling already. VXR will probably announce the DFS, MOU with the partner of choice and financing all in the one hit. Big bang announcement and VXR will hopefully be off to the races.

And I think the trading volume backs this up to a degree. There has been 45m shares change hands in the last 20 trading days. Not huge but relative to the history- the same amount traded during 75 days prior to that. Some big lines of sells being soaked up and price moving higher on steady volume. I would suggest some change in the top 20 and will be interested to see the new name/s coming on board.