VRX 0.00% 3.5¢ vrx silica limited

Ann: Trading Halt, page-76

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  1. 990 Posts.
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    yeah hindsight is great but Brucey did give the impression that after 3 years of consultation with the EPA and that stage 1 or 2 (not sure now) would decide whether to go ahead with all 5 stages or not. At the RIU Resource Seminar interview he said that they should be in production by the end of the year, if they get EPA approval before the end of June. That's not going to happen if all 5 stages are done. So that's why the market reacted. And now I'm reading in that article from the WestAustralian this morning that Fed approval is needed after the EPA approval. Another hurdle that I thought would be included in the EPA decision. I think Brucey needs to reign in his optimistic declarations because he is always wrong.
 
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