Daily price prediction thread, page-3745

I posted this on the EPA thread but this should provide a rough idea. Note timeframes are those suggested by the EPA. We have just entered Stage 3 Step 1. We are now at dot point 2 of Step 1

For Stage 3ALONE, this is what VRX has to go through (all taken from the procedures manual):

Step 1: Scoping the proponent’s Environmental Scoping Document(18 weeks)
-Proponent prepares and submits draft Environmental Scoping Document. VRX has just uploaded the ESD
- EPA reviews draft ESD(5 weeks from receipt of draft ESD). VRX IS NOW HERE
- VRX has been assessed on a Public Environmental Review level so a Public review of the draft ESD is required
- EPA authorises release of draft ESD(2 weeks from receipt of accepted draft ESD)
- Public review of draft ESD(Our public review level has been set at 4 weeks)
- EPA provides summary of submissions to the proponent(2 weeks from close of public review period)
- Proponent submits revised ESD
- EPA seeks advice on draft ESD from Decision-Making Authorities
- EPA approves ESD(4 weeks from receipt of advice)
- EPA notifies proponent and publishes ESD(1 week from approval)

Step 2: Preparation of additional assessment information – Environmental Review Document(6 weeks)
EPA has requested further information on the following: social surroundings, nearest sensitive receptors, greenhouse gas figures, air quality figures, road routes and aboriginal heritage surveys over the whole area.

- Proponent carries out an environmental review and submits draft Environmental Review Documents(VRX have commenced these studies)
- EPA reviews draft ERDs(6 weeks from receipt of ERD)
- EPA accepts ERDs
- VRX has been assessed on a Public Environmental Review level so a Public review of the ERDs is required
- Public review of ERDs (Step 3)

Step 3: Public review of additional assessment information – Environmental Review Document(13 weeks)
- EPA authorises release of ERDs for public review(2 weeks from accepted ERDs)
- Proponent releases ERDs for public review
- Public review of ERDs(Our public review level has been set at 4 weeks)
- EPA provides a summary of submissions to proponent(3 weeks from close of public review period)
- Proponent prepares response to submissions
- EPA reviews response to submissions(4 weeks from receipt of response to submissions)
- EPA accepts and publishes proponent’s response to submissions

Step 4: Preparation of EPA’s draft assessment report(6 weeks)
- EPA seeks advice on potential draft conditions
- EPA prepares draft assessment report(6 weeks from start of Step 4)

Step 5: Completion of EPA’s assessment
- EPA considers the draft assessment report and any conditions
- EPA agrees to adopt the draft assessment report as the basis for the EPA’s final assessment report
- If EPA doesn't choose to adopt then the proposal goes through Step 4 again