Ann: Gabanintha Pre-Feasibility Study and Maiden Ore Reserve, page-197

As for the timelines in the PFS, the word everyone seems to ignore is 'estimates'. I do agree that the mgmt is too conservative... this drop might serve to get a move on and speed up the mine.

I don't think this has been posted before. While the article mainly focuses on the fear of the capex (no mention at all of the earnings side of the equation, wonder why ): https://investingnews.com/australia-investing/australian-vanadium-gabanintha-price-tag/

Gabanintha has been recommended to be moved into the DFS phase, but the company has found “significant opportunities” through the PFS to improve the project’s economics via further testwork and refinement. For that reason it is currently revising the project’s final timeline.

C'mon Vince, push harder and put your shoulder into it . That freaking 'estimated' 2021-22 timeline is almost a stress-free life for management