Traditionally end users are happy for miners to take the...

Traditionally end users are happy for miners to take the funding, construction, resource, market timing, commissioning etc etc risks. Then happy enough pay a premium when risk is dialled back to manageable levels. Typically with at least BFS in hand. I'm sure people have examples where this hasn't occurred but early T/O certainly in the minority in my experience... i.e. I can't think of one.

Exception would be another minor with deep pockets coming in... a RIO for example but haven't heard posturing anything along these lines for V which has a peaky reputation to deal with, think it's a long bow to draw at this stage.

VSUN probably a hindrance to a TO also right now, would definitely be spun off but wouldn't cover the transaction costs just yet.