If any of those things had happened it would have been...

If any of those things had happened it would have been announced.It'll be more like:

Production ramp up on schedule - without saying what schedule is.
Iron ore negotiations ongoing - without anyone actually buying it;
Ferro vanadium kiln working - without saying how much.
CMB circuit modifications on track with redesign and construction according to plan - without saying the original design didn't work.
They'll show a photo of a sandwich bag with ferro vanadium in it.

Working capital, interest, and debt reserve means they'll be capital raising within a month or 2.