1. Limited exploration experience - VR Resources Ltd is a relatively new company with limited exploration experience compared to its peers. This may limit its ability to identify and develop high-quality mineral deposits.
2. Limited financial resources - The company has limited financial resources compared to its peers, which may limit its ability to fund exploration and development activities.
3. Limited portfolio of properties - VR Resources Ltd has a limited portfolio of properties compared to its peers, which may limit its ability to diversify its exploration and development activities.
4. Dependence on a single project - The company's success is heavily dependent on the success of its Bonita project in Nevada. Any setbacks or delays in this project could have a significant impact on the company's financial performance.
5. Limited market exposure - VR Resources Ltd has limited market exposure compared to its peers, which may limit its ability to attract investors and raise capital.
6. Limited production capacity - The company has limited production capacity compared to its peers, which may limit its ability to generate revenue from mining activities.
7. Limited access to infrastructure - The company's properties are located in remote areas with limited access to infrastructure, which may increase the cost and difficulty of exploration and development activities.