Easy up big fella. I don't think dwuu was stating any facts but posing a sentiment that it would be bad if VMS gets into a position as he described.
I read the VMS ann as I have a colleague who feels it's a back-door into chalice. Not sure if I agree with that but beside the point.
the ann from VMS is not one I would like to get. So positive with first shipment of ore and then holy crap mothball it because of the commodity price drop. I would be scared if that mining operation was only viable with the inflated iron ore price of late.
you are right with vms not having to spend more on the SW project at the moment but long term does not look good from the last ann
just from my reading of it
VMS in trouble !, page-3
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