VRX 6.67% 2.8¢ vrx silica limited

Daily price prediction thread, page-3448

  1. 6,685 Posts.
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    Bruce suggested VRX could get into production by the end of 2021, provided
    the EPA gave them approvals by the end of June. He said that on 6 May 2021. Below is the
    link (listen between 2 mins and 2m 35s).

    Now we are 11 days in July, it's becoming very clear the EPA did not give approval to VRX
    by the end of June. Had the EPA given that approval, VRX would have been required to announce
    it to the market. There has been no ASX update to date from VRX.
    If you go to the EPA website, it is absolutely clear that VRX is only part way through the EPA
    process. Stage 2 is showing completed, we are now in stage 3. We are many weeks/months
    away from stage 5 and being given final approval.
    https://www.epa.wa.gov.au/proposals/arrowsmith-north-silica-sand-project

    These are the facts that are undeniable. So by Bruce's own timelines, production in 2021
    is now out of the question.

    All IMHO, DYOR
 
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