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Ann: Response to ASX Price Query, page-16

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mabrook

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26/05/21

09:28

Post #: 53417545
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Originally posted by ddzx: ↑

* 17 November 2020 said: Mining Leases granted for Arrowsmith North and Central Silica Sand Projects. VRX has submitted a formal referral to the Federal Department of Agriculture, Water and Environment (DAWE) and will follow with a formal referral to the State Environmental Protection Authority (EPA)to secure environmental approvals for the development of Arrowsmith North. Pre-referral meetings with representatives from DAWE and the EPA have provided valuable feedback as to requirements for these referrals.

* 29 April 2021 quarterly report said: In March, VRX submitted its referral to the Department of Water and Environmental Regulation (DWER) for assessment by the Environmental Protection Authority (EPA), under Section 38 of the Environmental Protection Act 1986, for environmental approval for Arrowsmith North

* 6 May 2021 presentation said: Arrowsmith North Timeline Approvals / Permitting EPA and mining approval June 2021

* 25 May 2021 said: Yesterday as part of its standard process the EPA published on its website information as to the level of assessment for the Project, noting it is set at “Public Environmental Review” for a 4-week public comment period pursuant to which the Company is preparing a scoping document that details the environmental studies required to inform the assessment of the Project. This is consistent with the Company’s expectations on process and timing for environmental approval and with information that is publicly available to the market.

* 25 May 2021 said: The EPA will assess the proposal under s39A(1) of the Environmental Protection Act 1986 at a Public Environmental Review (PER) level of assessment for a 4 week period, which commenced on 18 May 2021... This is consistent with the Company’s expectations to-date on process and timing for environmental approval at Arrowsmith North.

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Exactly. I think the ongoing EPA process is one thing that VRX have effectively communicated to investors.
BM is pushing hard for this, and at times displayed some exasperation at the lengthy processes, his focus on EPA has let other matters slip.

VRX Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $25.13M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$760	19.01K

Buyers (Bids)

No.	Vol.	Price($)
3	155988	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	35000	1

View Market Depth

No.	Vol.	Price($)
3	155988	0.040
4	357822	0.039
1	52631	0.038
1	55555	0.036
2	219534	0.035

Price($)	Vol.	No.
0.043	35000	1
0.044	420000	2
0.045	17000	1
0.047	38619	2
0.048	296773	2

Last trade - 15.44pm 08/11/2024 (20 minute delay)

VRX (ASX) Chart

Ann: Response to ASX Price Query, page-16

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