Daily price prediction thread, page-11580

  1. 470 Posts.
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    ChatGPT
    You said:
    https://openai.com/index/chatgpt/ What's the likelihood that the minister will sign of on VRX silica's EPA proposal?
    ChatGPT said:
    Favicon
    epa.wa.gov.au
    Arrowsmith North Silica Sand Project | EPA Western Australia
    The likelihood of the Western Australian Minister for Environment approving VRX Silica’s Arrowsmith North silica sand project appears high, based on the current status of the environmental assessment process.
    miningmonthly.com

    Current Status
    In January 2025, the Environmental Protection Authority (EPA) of Western Australia recommended the project for approval, subject to conditions that VRX Silica has accepted following consultations . This recommendation followed a comprehensive assessment, including public consultation and review of VRX's Environmental Review Document (ERD).
    kalkinemedia.com
    +2
    resourcesreview.com.au
    +2
    colitco.com
    +2

    An appeal against the EPA's recommendation was lodged by the Conservation Council of WA. The Office of the Appeals Convenor is currently reviewing this appeal on behalf of the Minister for Environment . The Minister's final decision will consider the outcome of this appeal process.
    newswires.com.au
    +1
    kalkinemedia.com
    +1
    kalkinemedia.com

    Ministerial Decision Outlook
    Historically, the Minister for Environment in Western Australia tends to support the EPA's recommendations, especially when the proponent has agreed to the proposed conditions . Given that VRX Silica has accepted the EPA's conditions and that the project has garnered significant commercial interest through non-binding offtake agreements totaling 640,000 tonnes per annum , the prospects for ministerial approval are favorable.
    **promotion blocked**
    resourcesreview.com.au
    +5
    newswires.com.au
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    kalkinemedia.com
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    However, the final decision will depend on the Minister's assessment of the appeal and any new information that may arise during this process. As of June 2025, VRX Silica anticipates a determination on the environmental approval within weeks .
 
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7.5¢
Change
-0.005(6.25%)
Mkt cap ! $56.04M
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7.8¢ 8.0¢ 7.5¢ $222.3K 2.919M

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