VYS 4.65% 41.0¢ vysarn limited

joining the dots, page-3

  1. 10,274 Posts.
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    "Before we were expecting the completion of feasibility study for the construction of salt slag processing facility.

    Now we are informed about the intention to commence construction of the facility before mid-2011."

    I've been told...back in OCT 2010


    Wherever possible we will chose to raise capital in a manner that allows all shareholders to participate, but with the time taken to prepare a SPP or Rights Issue, and Christmas looming effecting the capital raising now and starting the feasibility immediately compared to a 6-8 week period for Rights Issue / SPP and starting the feasibility in February means a three month delay for commencement of the expansion into the USA. As we have an aggressive timeframe to commence construction of the plant (30 June 2011) these three months are critical
 
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