But if the merger goes ahead, I'm wondering what will happen to...

But if the merger goes ahead, I'm wondering what will happen to the current EPA applications from each company ? They can't both proceed - they have different locations for the SRL processing plant, different V2O5 production rates, different co-products etc etc. Either they combine the two, so probably a new EPA application and back to square 1, or they go with one as is, and withdraw the other. These are big changes, and will cost time and money. But they can't do anything until the merger is confirmed by vote. Surely they won't have told the EPA already to put both on ice ? The whole thing is a mess.

All IMHO, DYOR