Vanadis IPO, page-252

Thanks for your detailed answer, Growler. Personally I welcome any comments that can help illuminate the subject at hand; being better informed can only be a good thing. I continue to hold Aura as its potential at these levels makes it worth the risk - for my appetite anyway. But its still a spec play and we have the same problems as most other minnows - low cash reserves and no funding. I obviously do like their projects though. But clearly the market remains hesitant. As preempt mentioned not long ago, some testing work had already been carried out in Haggan, so there's some understanding of the geology. But when there's uncertainty, the market will always baulk. The Scoping study will be a pretty pivotal announcement - to at least confirm we are on our way to something special, or potentially call out some potential issues with extraction. 

I'll have to do some homework on the roscaelite. I do recall this detail when it was released but does anyone have any detail on how this effects extraction or processing.