TNG IS the most advanced Vanadium Project Globally, page-141

Given the company is deliberately opaque on almost everything of importance,all one can do is make a best guess based on an objective,or I admit sometimes subjective,analyses of what information is given,what is withheld,the past utterances of management and the accuracy of those utterances.
My current analyses may be wide of the mark and I will gladly admit it if that is the case,but as I prefer my surprises to be to the upside,given the record of TNG,I will retain my current cautious approach here.While I could have played it better over the last 2 years,I have played it well enough to continue backing my judgement.
You're an optimist, that's great...I missed that gene,but we cynics are not without use.