this is true, but wouldn't you think a proactive management...

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Green_Demon

34 Posts.

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24/04/24

20:13

Post #: 73505162
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Originally posted by Sheps1: ↑

Not learning just from our mistake, but all applications from 3 years ago.

Pretty obvious that the epa are struggling. We could have possibly saved a couple of months, not years as a couple seem to think through a few hiccups. Back and forth between the proponent and epa are normal practice particularly when it is a new sector. Some believe it is only the fault of management which is a total laugh. The timeline has totally blown out which is where the frustration lies. Thus the CR. Tighten the belt Bruce would be what I would say.

I have repeatedly asked management haters to point out a company that is flying through the epa within a couple of years. It's not happening with new mining companies period.

I only see 2 faults Bruce may have done. Off takes by Christmas, and the time line blow out, which is borderline not his fault, and reading other companies, they were in the same boat.

Go back 3 years. Bruce tells the market we are now going into a 3 year EPA process to get approval. Where would the share price be now? The horse bolted 3 years ago, came back to where it should be in relation to the EPA process, and hopefully will return to the 40c mark by the time the minister ticks AN off and off takes are on the table.

The article from yesterday would be a great guide for Muchea and VRX holders to follow, as there is quite a lot of public feedback from the very beginning (Stage 1) from what I read.

ALL IN MY OPINION

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this is true, but wouldn't you think a proactive management team would be working on other opportunities while waiting as a redundancy plan? these guys have literally been sitting on their fat asses doing sweet f all. I mean, they could start getting an approval started for their other project for example, considering how long this one is taking.....

VRX Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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