Ann: Mulga Rock Project - Approval of Project Management Plan, page-32

I spoke to Julian Tapp via phone on 03/08. From what I gathered they had been requested for more info re the three pending secondary approvals. only 1 approved. Can only guess that they require more info. I think this puts us back another 3 /4 weeks. And then what? Rinse and repeat? Not a risk I'm prepared to take. I consider it a better approach to invest elsewhere in the sector for now. VMY will stagnate until the approvals process is cleared up, and in the meantime the other U stocks could rise 10/20%.