RE:RE:Potential JV for VIT The big difference this time around: the project has all required permits in place and the proven ounces in the ground (instead of inferred ounces...).
They don't have to even try hard, the buyers will knock at the door, if they are not already in, working out the details...
It is not easy to start a greenfield mining operation those days. VIT has passed a lot of hurdles in the last 5 years. With the permits in place and a great post tax IRR this project is a sure bet.
Don't make any investment decissions based on my assumptions, I am just sharing my take on what I can see happening here in the near future.