@Hoof Harted I commend your enthusiasm and in time you may be...

@Hoof Harted

I commend your enthusiasm and in time you may be correct.

I am simply prompting a counter view. IMO we will continue to see project valuations ratchet down as basket price and production profile assumptions reduce. SYR is the proverbial canary in the coal mine. If Balama is fully funded, under construction and now valued at $229m by Macquarie, what is VRC realistically worth at the current stage of exploration?

IMO, being too early in a trade is often just as destructive as getting the direction completely wrong.

I am sitting on the sidelines for now and happy just to read and watch.