The main positive that I see,
EGR is ready to break ground at Kwinana as soon as the regulatory approvals are granted. they also expect to have the production facility up and operating by the 1st half of 2023.
I am fairly certain the regulatory approvals (planning) were expected to be completed in early May and the EPA approval was a few weeks behind.
The lease is ready to sign once the approvals are granted and EGR has appointed financial consultants to progress our loan with the Australian Government.
April has been a very bad month for shareholders. hopefully when this news arrives we will see the interest in EGR return.
Ann: Quarterly Activities and Cashflow Report, page-2
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