The original timeline for SO4 had revised ERD submitted 17 July 2020, EPA presenting assessment report to minister 18 September. On that timing, pre-Christmas approval looks pretty unlikely.
What's the impact of not receiving EPA approval other than non-repayment of the bridge loan and the 1.2m monthly share penalty to Taurus? I'm assuming it prevents production, but not further construction, which seems to be cracking along?
SO4 Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held