VYS 1.35% 36.5¢ vysarn limited

company update

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    • First shipment of AL80 has departed Geelong
    • Closed-loop processing continuing, although throughput diminished
    due to intricacies of re-treating partly-processed material
    • Planned alterations to areas of the circuit to increase throughput,
    reduce staffing and greatly simplify process
    • Plant will continue operating during planned process changes
    • Engineering and environmental permitting progressing very well in the
    United States
    • Rail spur final design and costing expected imminently
    • Management soon to confirm capital cost and drawdown schedule
    • Preliminary site works commenced
    • US and UK roadshow completed, business case positively received
 
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