VRX 0.00% 3.0¢ vrx silica limited

Under the paragraph heading "Environmental" the company talks...

  1. 990 Posts.
    lightbulb Created with Sketch. 99
    Under the paragraph heading "Environmental" the company talks about both AN and AC.
    Firstly, AN:
    "The Company lodged a draft Environmental Scoping Document (ESD) for Arrowsmith North
    with the Environmental Protection Authority of Western Australia (EPA) to define the form,
    content, timing and procedure of the environmental review, required by s.40(3) of the
    Environmental Protection Act 1986 (WA) (EP Act). VRX has prepared the draft ESD
    according to the procedures in the EPA’s Environmental Impact Assessment (EIA) (Part IV
    Divisions 1 and 2) Procedures Manual (EPA, 2020). The Company is awaiting comments from
    the EPA on the review before lodging the final formal documentation. This review will
    determine the requirement for any further studies and the timing of the EIA assessment and
    public consultation required."

    Then AC:
    "During the quarter the Company also lodged a referral and supporting information document
    for the Arrowsmith Central Silica Sand project with the EPA under section 38 of the EP Act.
    The EPA’s Statement of Environmental Principles, Factors and Objectives provides a list of
    potential key environmental factors to consider for an EIA, which include requiring assessment
    from initial baseline surveys, project planning and consultation processes. The referral
    identifies the relevant baseline environmental information for the receiving environment,
    proposal activities, mitigation measures, impacts and underlying assumptions.
    The EPA has 28 days to determine whether to assess the referred proposal and, if so, what
    level of assessment to assign. This timeframe starts once the EPA has received all required
    information and has determined the referral to be valid. The EPA’s decision to assess the
    proposal will be published on the EPA’s website in due course. Based on the EPA’s decision
    on Arrowsmith North, the Company is anticipating a Public Environmental Review (PER) level
    of assessment."

    What's the confusion here? Jumping at shadows imo.
    Last edited by MrPM22: 30/10/21
 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $18.84M
Open High Low Value Volume
2.9¢ 3.0¢ 2.9¢ $1.879K 62.69K

Buyers (Bids)

No. Vol. Price($)
3 474936 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 1286238 5
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.